Bahamas' attorney general, Ryan Pinder, defends the country as a safe place to do business after the collapse of FTX_official. LedesmaLyllah reports in today's First Mover by CoinDesk Markets.
the country’s regulatory regime amid crypto exchange FTX’s “debacle.”
The Bahamas"is a nation of laws," Ryan Pinder said in support of the island's actions in the wake of the exchange's collapse. During a 23-minute taped speech, Pinder summarized FTX's downfall and alluded to the Bahamas' government's actions, while also seeking to reassure investors and tourists that the country is a safe place to visit and operate a business.according to data from the U.K. police unit Action Fraud.
according to a report from Barron’s. The report said Alabama Securities Commission Director Joseph Borg indicated that his agency and several other states are involved in the investigations, which focus on whether Genesis and other companies persuaded residents of their states to invest in crypto securities without having the proper registrations. Genesis is owned by CoinDesk’s parent company, Digital Currency Group.
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