The Bahamas lawyers up as the FTX case proceeds in US court and disagreements fester

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The Bahamas lawyers up as the FTX case proceeds in US court and disagreements fester
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Brown Rudnick will engage with the U.S. government on the behalf of the Bahamas.

for the Bahamas since March 2022 to develop a national policy statement on digital assets. The firm was reengaged by the country after the FTX collapse, and filed a registration statement with the U.S. Department of Justice, as required by the Foreign Agents Registration Act of 1938, late in December, saying:

“Some of the Registrant's activities may involve preparation and dissemination of informational materials and otherwise engaging with U.S. government agencies and the U.S. media.” Brown Rudnick may also prepare written content for social media on the behalf of the Bahamas, it said. You would think that a Government of public relations like this one would at least trust a Bahamian firm to get the job done.

A local firm leading the charge with international help would have been the better approach. But as usual, Davis listens to the FNM when it's too late.

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