- Sam Bankman-Fried was allegedly directed by Bahamas regulators to gain unauthorized access to his collapsed crypto platform after quitting as CEO
- FTX made the bombshell claims in an emergency legal filing in the US Bankruptcy Court in Delaware on Thursday
- Bankman-Fried was accused of ‘hacking’ FTX systems to transfer digital assets to Bahamas government while he was ‘effectively in custody’
- SEC chair Gary Gensler is now under scrutiny over his failure to prevent the implosion of FTX
- The crypto platform’s new CEO John J. Ray III, a veteran lawyer guiding the company through its bankruptcy, said the situation at FTX was ‘unprecedented’
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