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Bahamian Liquidators Say FTX Wasn’t Authorized to File for Bankruptcy in the US

Despite the company’s convoluted corporate structure, Bahamas-based lawyers say everything falls under the “FTX Digital Markets” umbrella – a Bahamian entity, subject to Bahamian law.

Updated Nov 16, 2022, 10:09 p.m. Published Nov 16, 2022, 9:34 p.m.
Not so fast with US bankruptcy for FTX say Bahamas-based lawyers (Leon Neal/Getty Images)
Not so fast with US bankruptcy for FTX say Bahamas-based lawyers (Leon Neal/Getty Images)