On Tuesday, November 22, 2022, FTX Cryptocurrency Derivatives Exchange CEO John Ray arrives at bankruptcy court in Wilmington, Delaware, USA.
Eric Lee | Bloomberg | Bloomberg | Getty Images
A Bahamas attorney on Friday filed an emergency motion with a Delaware bankruptcy judge asking the U.S. leadership of failed cryptocurrency firm FTX to grant access to its database as part of the proceedings.
The emergency motion alleges that, despite “many attempts to obtain access,” FTX employees and attorneys thwarted Bahamian regulators’ attempts to obtain material financial information. increase. Amazon web service and Google Cloud portal database.
An attorney acting on behalf of the Bahamas Securities Commission said, “If this relief is granted, bankruptcy proceedings in the United States will be neither harmed nor distressed.” They want data about FTX International customers stored on AWS servers, including “wallet addresses, customer balances, deposit and withdrawal records, transactions, and accounting data.” It served as an analytics platform.
“While the Joint Interim Liquidators are willing to participate in dialogue with U.S. debtors, their refusal to promptly restore access undermines the ability of the Joint Interim Liquidators to meet their obligations under Bahamas law. Hampered and put FTX Digital’s assets at risk of dissipating.Read the filing.
FTX filed for bankruptcy protection last month after a liquidity crisis at a cryptocurrency exchange that had mixed assets with sister hedge fund Alameda Research. FTX founder Sam Bankman-Fried, who had an estimated net worth of $16 billion before the collapse, is set to appear before US lawmakers next week.
