Bahamas

Man relaxing on a palm tree in the Bahamas with flying Tether.
Tether (USDT)
Tether’s Banking Network Spreads Its Wings to the Bahamas

Tether expands banking network with Britannia Bank, amidst concerns over transparency and ties with conventional financial systems.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Sam Bankman happy in between court case papers, with one of the documents highlighted in red.
Regulations
US DOJ Drops Sam Bankman-Fried’s Campaign Finance Charges

The DOJ has dropped political contribution charges against SBF.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Woman wearing a VR headset to play a web3 game.
Press Releases
ABO Digital Commits $25M to Extended Reality Metaverse Company Spheroid Universe

Spheroid is an AR/XR platform that uses the SPH utility token for powering all the activities in its ecosystem.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Island in Bahamas floating on a giant pile of money being protected by Bahamian police
FTX News
Bahamian Regulators are in Custody of $3.5 Billion Worth of FTX Customer Assets

The Bahamian regulator has said they hold over $3.5 billion in FTX customer funds until a Supreme Court decision.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Sam Bankman Fried in a police car
FTX News
Bahamas Authorities Arrest FTX Founder Sam Bankman-Fried; May Extradite Him to U.S.

Sources suggest that the charges against SBF include wire fraud, wire fraud conspiracy, securities fraud, and securities fraud.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Sam Bankman Fried sitting in front of window angry crowd outside
FTX News
Sam Bankman-Fried Scared of Retribution, Withdrawals Were Opened for Bahamas Users

FTX allowed withdrawals for Bahamian residents so that the exchange could ‘have a future’.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
alameda research
FTX News
Alameda Research Owes Over $4M to Amazon, and £55,319 to a Bar in the Bahamas

Bankruptcy filings show that Alameda Research did not pay many of their bills.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Bahamas attorney General Ryan Pinder
FTX News
Criminal Investigation into FTX is underway: Bahamas Attorney General

Bahamas authorities also extended warnings stating they would book any companies or individuals involved in any unlawful dealings by FTX.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
A silhouette of Sam Bankman Fried in front of a window looking at blue sky with clouds
FTX News
SBF Outlines Leverage in Letter of Apology to FTX Staff

Former CEO of FTX, SBF, did not comment on reports that the business had misused client monies or other controversies.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
on a grey sky Sam Bankman Fried over tiny Bahamas buildings
FTX News
FTX Executives, Sam Bankman-Fried, and His Parents Bought Bahamas Real Estate Worth Millions

It’s unknown what funds FTX used to buy at least 19 luxurious condominiums and other properties worth over $121 million.
by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
cbdc russia digital ruble
Altcoins
The Parade Continues: Russia Has Announced When It Will Introduce the Digital Ruble

Testing for the digital Ruble will start in 2022.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
cbdc china, bahamas, the us
CBDCs
Digital Coins: China, Bahamas, Is The USA Next?

CBDCs are gaining significant traction as more countries seek to create digital versions of their currencies.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp
Bahamas
CBDCs
Bahamas’ digital Sand Dollar. A competitor for digital yuan or just offshores digitalizing

CBDCs are gaining significant traction as more countries are seeking to create digital versions of their fiat currencies.

by . Fact checked by: Ciaran Lawler, Editor: Stefan Trapp

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