November 2022

FTX Digital Markets: Brian Simms KC appointed as provisional liquidator

The Securities Commission of The Bahamas (the Commission) has frozen assets of FTX Digital Markets and related parties. Law enforcement in the Bahamas, where FTX is headquartered, are investigating the crypto exchange following the platform’s collapse and bankruptcy filing.

The Commission suspended FTX’s registration and applied to the Supreme Court of The Bahamas for the appointment of a provisional liquidator of FTX Digital Markets Ltd. Brian Simms, KC was appointed as provisional liquidator.