Regulator denies asking FTX to prioritize withdrawals for Bahamian clients

Cointelegraph

Published Nov 12, 2022 09:44PM ET

Updated Nov 13, 2022 11:40PM ET

The Securities Commission of The Bahamas (SCB) has denied instructing or authorizing crypto exchange FTX to prioritize withdrawals of Bahamian clients.

In a statement on Nov. 12, the securities commission vehemently denied the contents of a Nov. 11 statement from FTX on Twitter that suggested it had been instructed by “Bahamian HQ’s regulation and regulators” to facilitate the withdrawal of Bahamian funds.

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