Giving untrustworthy Bahamas authorities access to FTX's computer system would be 'dangerous,' a Delaware court was told today, as an international dispute worsens. jackschickler reports
A dispute over access to FTX’s computer systems deepened Wednesday, with Delaware Judge John Dorsey attempting to smooth over the waters on rival claims from the U.S. and the Bahamas.
“We do not trust the Bahamian government and … we simply don't trust that the JPLs will be able to hold this information and not provide it to the Bahamian government,” he added. “The Securities Commission of the Bahamas has already collaborated with the JPLs to obtain access to digital assets and to mint tokens.”
“I've seen a lot of mega-cases go off the rails,” Simms’ lawyer Chris Shore told the court, also warning of high legal costs from a protracted dispute.
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