The Wall Street Journal: SBF attempted to transfer assets from FTX to foreign regulators by delaying the bankruptcy filing

ChainCatcher news, according to a report by The Wall Street Journal citing documents from the U.S. Department of Justice, SBF attempted to delay bankruptcy proceedings in the U.S. in November 2022 in order to transfer assets from FTX to foreign regulatory control, seeking leniency from foreign regulators and ultimately allowing him to regain control of FTX.

It is reported that after FTX froze customer accounts, SBF allowed Bahamian customers to withdraw millions of dollars. SBF wrote to the Attorney General of the Bahamas, stating that FTX would make an exception for the country's customers. (The Wall Street Journal)