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jrothca t1_iwtdh9m wrote

Reply to comment by southern_dreams in Bahamas May Have Directed 'Unauthorized' FTX Transactions, Filing Says by esporx

The conman is no longer at the helm of FTX. John Ray is the new CEO and he’s saying the Bahamas cut in line and got their money first when they shouldn’t have.

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southern_dreams t1_iwthcl7 wrote

Makes way more sense. Misread the article, my apologies.

I do wonder why they’d owe the government money, though (besides taxes)

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jrothca t1_iwtkv3c wrote

The more I read the more it seems like it’s the Bahamian government trying to take control of the bankruptcy process and be the entity that decides who gets whatever is left of FTX’s assets.

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southern_dreams t1_iwtq6dn wrote

There’s going to be a line for this pound of flesh. It doesn’t seem like the Bahamanians want to let him out of their sight. Dude is in deep shit.

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