Bahamian Regulator Takes Custody Of $3.5 Billion in FTX Customer Assets

The Securities Commission of The Bahamas has taken custody of FTX deposits valued at more than $3.5 billion as of Nov. 12, according to a media release published late Thursday by the BSC. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De weighs in on the latest FTX development.