Bahamas regulator says it assumed control of digital assets of FTX

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Bahamas regulator says it assumed control of digital assets of FTX
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The Securities Commission of The Bahamas said on Thursday it has ordered all digital assets of FTX Digital Markets Ltd (FDM) transferred to a digital wallet controlled by the Commission for safekeeping.

"Urgent interim regulatory action was necessary to protect the interests of clients and creditors of FDM," the commission said in a statement.

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