The Securities Commission of The Bahamas has frozen assets of FTX Digital Markets.
The Securities Commission of the the Bahamas said it has taken action to freeze assets of FTX Digital Markets and related parties.
"The Commission is aware of public statements suggesting that clients' assets were mishandled, mismanaged and/or transferred to Alameda Research.
"Since the unfolding of the events involving FDM, the Commission has proactively dealt with the situation and continues to do so," it said."The Commission determined that the prudent course of action was to put FDM into provisional liquidation to preserve assets and stabilize the company." The commission did not immediately respond to an emailed request for comment, and phone calls Thursday evening went unanswered.With additional reporting by Nathan Crooks.
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