New Category : Nassau Guardian Stories

New FTX CEO to testify at US House committee hearing today 

New FTX CEO to testify at US House committee hearing today 

Tue, Dec 13th 2022, 08:02 AM

FTX's absence of corporate controls for a company its size continues to be a central theme in the understanding of how the company collapsed. The company's new Chief Executive Officer John Ray - appointed after Chapter 11 bankruptcy proceedings began - will testify during a hearing of the US House of Representatives' Committee on Financial Services ...
The post New FTX CEO to testify at US House committee hearing today  appeared first on The Nassau Guardian.
The post New FTX CEO to testify at US House committee hearing today  appeared first on The Nassau Guardian.

Former FTX CEO arrested

Former FTX CEO arrested

Mon, Dec 12th 2022, 07:02 PM

Former FTX CEO Sam Bankman-Fried (SBF) was arrested by local authorities today, according to a statement from Attorney General Ryan Pinder. Pinder said the move came after the receipt of "formal notification from the United States that it has filed criminal charges against Bankman-Fried and is likely to request his extradition". "As a result of ...
The post Former FTX CEO arrested appeared first on The Nassau Guardian.
The post Former FTX CEO arrested appeared first on The Nassau Guardian.

Kieria afforded a chance at higher education

Mon, Dec 12th 2022, 09:05 AM

The Bahamas finishes fourth

Mon, Dec 12th 2022, 09:02 AM

Marvin Henfield's 'The Lab' continues to grow

Marvin Henfield's 'The Lab' continues to grow

Mon, Dec 12th 2022, 08:56 AM

Looking to train young Bahamian basketball players, Marvin Henfield Basketball launched its training facility on Thompson Boulevard during the COVID-19 pandemic in November 2021, and just over a year later, the program is up and running and continue to grow. Founder and lead instructor Marvin Henfield said that the first year has been exciting and ...
The post Marvin Henfield's 'The Lab' continues to grow appeared first on The Nassau Guardian.
The post Marvin Henfield's 'The Lab' continues to grow appeared first on The Nassau Guardian.

FTX liquidators being 'frustrated'

FTX liquidators being 'frustrated'

Mon, Dec 12th 2022, 08:22 AM

FTX Bahamas' liquidators on Friday filed an emergency motion asking a Delaware bankruptcy judge for access to certain electronic records related to FTX Digital's property and financial affairs. "Although FTX Digital owns its electronic records, access to this property is in the control of the US debtors, and therefore arguably protected by the automatic stay," the liquidators noted ...
The post FTX liquidators being 'frustrated' appeared first on The Nassau Guardian.
The post FTX liquidators being 'frustrated' appeared first on The Nassau Guardian.

Four more traffic deaths
Four more traffic deaths

Mon, Dec 12th 2022, 08:17 AM

Two men killed on Ferguson Rd.
Two men killed on Ferguson Rd.

Mon, Dec 12th 2022, 08:14 AM