For example, he has just revealed that company funds were used by employees and advisers to buy houses in the Bahamas in their ... unsuccessful to date." As a crypto exchange, FTX executed orders ...

More than a year before its collapse, FTX moved its headquarters to the Bahamas—a country that worked to lure crypto companies to its shores. So what makes the nation attractive to crypto?

"We have a vision to transform Bahamas into a leading digital asset hub in the Caribbean," Davis said. The white paper's release comes one week before the Crypto Bahamas conference, which will be ...