Trouble in the Bahamas following FTX collapse: Report

Cointelegraph

Published Nov 25, 2022 05:08PM ET

Updated Nov 27, 2022 07:40PM ET

Following the collapse of crypto exchange FTX, which was headquartered in the island country of Bahamas, Bahamians are reportedly still trying to find a way to make sense of everything, while remaining optimistic about the future.

According to a report by the Wall Street Journal, the island country — which had encouraged cryptocurrency companies to feel at home with their “copacetic regulatory touch” — has been rocked by the implosion of FTX.

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