cryptonews: After weeks of bickering, teams in the U.S. and The Bahamas have agreed to cooperate in bankruptcy proceedings against FTX. 👀
After weeks of bickering, teams in the U.S. and The Bahamas have agreed to cooperate in bankruptcy proceedings against FTX.
The cooperation agreement means that both parties will "work together to share information, secure and return property to their estates, coordinate litigation against third parties and explore strategic alternatives for maximizing stakeholder recoveries." Indicating that there may be a couple of things that the U.S. and The Bahamas still disagree on, Ray said in this new statement:
You may remember that the president of FTX US — Brett Harrison — had announced that he was stepping down from the role back in September 2022, weeks before the company went down in flames. Now, he's facing questions about how much he knew. Elsewhere, prosecutors have set up a dedicated website for those who believe they were "a victim of fraud" by SBF — and those who get in touch will receive updates as the case unfolds.
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