In accordance with Bahamian court docket information filed on Dec. 14, Ryan Salame, the previous co-CEO of FTX Digital Markets advised the Securities Fee of the Bahamas (SCB) on Nov. 9 that FTX was sending buyer funds to its sister buying and selling agency Alameda Analysis.
He additionally advised the SCB solely three individuals had the entry required to switch shopper belongings to Alameda: Former FTX CEO Sam Bankman-Fried, FTX co-founder Zixiao “Gary” Wang and FTX engineer Nishad Singh.
The allegation spurred SCB government director Christina Rolle to contact the commissioner of the Royal Bahamas Police Drive to request an investigation.
Associated: Realized losses from FTX collapse peaked at $9B, far under earlier crises
The information reveal the primary recognized occasion of an government from FTX or Alameda helping authorities.
Hypothesis abounded on Dec. 4 as photos purported to indicate Alameda CEO Caroline Ellison in a New York espresso store a brief stroll away from the U.S. Lawyer’s Workplace, main some to imagine she could have been reducing a cope with authorities within the wake of the FTX collapse.
A high-ranking government at FTX’s Bahamian entity tipped off native regulators of potential fraud perpetrated on the cryptocurrency alternate simply two days earlier than the alternate was compelled to shut.
This story is growing and extra data shall be added because it turns into obtainable.