FTX founder SBF appeared in a Bahamian court for a hearing
ChainCatcher news, FTX founder SBF enters Bahamian court for a hearing. SBF's advisors stated that SBF is reviewing the charges with his legal team and is considering all legal options.
FTX CEO RAY expects that ensuring the safety of all the company's assets will take weeks or months. RAY also stated during the hearing that FTX and Alameda did not practice asset segregation and are investigating the use and destination of the $1 billion loan provided to SBF by Alameda. (source link)
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