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?

FTX Digital Markets, the Bahamian arm of the collapsed crypto exchange, is set to begin repaying creditors. FTX creditor and activist Sunil Kavuri posted on X that the first round of distributions ...

Ray also indicates that there is no record of these transactions. "In the Bahamas, I understand that corporate funds of the FTX group were used to purchase homes and other personal items for ...

As a result, FTX and Alameda filed for bankruptcy, and SBF resigned as CEO while claiming he was unaware of mishandling funds. By the end of the year, he was arrested in the Bahamas and extradited ...

While Bankman-Fried's future is now sealed by a jury of his peers, what comes next for FTX remains uncertain. The same goes for the Bahamas, which banked on the crypto industry—with FTX and its ...