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The State of Play in Fed Commentary and the Crypto Contagion

The Breakdown

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FTX Names Crowl Restructuring Administration as Agent in Dealing With Creditors

The Securities Commission of the Bahamas put out a press release on Thursday night. The action by the Bahamian regulator was taken on Saturday, November 12 and seemingly refers to the quote, unquote, hack which drained wallets shortly after FTX filed for bankruptcy in the US. This is now a jurisdictional fight between the US and the Bahamas over the nearly $400 million that was quote-unquote hacked from FTX last week.

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