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The Securities Commission of the Bahamas (SCB) sticks to estimate of FTX assets
Abstract：According to Reuters, On Monday, the Securities Commission of the Bahamas (SCB) rejected FTX's claim that the regulator holds the digital assets of its Bahamas unit because debtors didn't give the regulator all the information.
According to Reuters, On Monday, the Securities Commission of the Bahamas (SCB) rejected FTX's claim that the regulator holds the digital assets of its Bahamas unit because debtors didn't give the regulator all the information.
In a statement last month, the SCB said it had seized FTX Digital Markets' cryptocurrency holdings to repay future customers as well as other creditors.
FTX disputed SCB's calculations, saying its digital assets seized in November were worth just $296 million and not $3.5 billion.
“Such public assertions by the Chapter 11 debtors were based on incomplete information,” the regulator said in a statement on Monday.
Following its bankruptcy filing on Nov. 11, FTX did not respond immediately to a request for comment.
To help liquidate FTX Digital Markets, Bahamas officials have sought access to FTX's records, but the company's U.S. bankruptcy team has refused.
FTX founder and former chief executive Sam Bankman-Fried was arrested on fraud charges and will be arraigned on Tuesday before Manhattan federal judge Lewis Kaplan.
John Ray, FTX's newly appointed CEO, has said the exchange lost $8 billion in customer funds.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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WikiFX Successfully Concludes the Journey at Wealth Expo Colombia 2026, Further Expanding Influence
On May 30, WikiFX participated as an official partner at Wealth Expo Colombia 2026, engaging in extensive exchanges with investors, trading professionals, IBs, KOLs, fintech institutions, and industry partners from Latin America and around the world. The event attracted significant attention on-site, once again demonstrating WikiFX’s growing brand influence and industry recognition across the LATAM market.
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Brokers With Maximum Credible Regulatory Licences
Walk into any forex marketing pitch in India in 2026 and the first claim you will hear is some variation of "we are regulated by multiple international authorities". The implication is obvious — multiple regulators equals safer brokers. But after WikiFX has documented thousands of complaint cases from Indian and other South Asian traders, one inconvenient truth has become impossible to ignore: Not all regulatory licences are equal. Not even close. A broker can claim "regulated by 5 authorities" — and if those 5 authorities are all offshore-tier (MISA, Vanuatu, Seychelles, Saint Lucia, Comoros), it offers approximately the same protection as no regulation at all. Meanwhile, a single FCA or ASIC licence carries more practical investor protection than a dozen offshore registrations stacked together. This is the WikiFX 2026 ranking of forex brokers by genuine regulatory credibility — measured not by quantity of licences, but by the strength and enforcement weight of the regulators behind
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Live from Wealth Expo Colombia 2026: WikiFX Strengthens Growing Partnerships Across LATAM
Live from Wealth Expo Colombia 2026: WikiFX Strengthens Growing Partnerships Across LATAM
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