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Top FTX Group Executive Tipped Off Bahamas Authorities About Comingling of Funds in November

by Eliza Gkritsi
December 15, 2022
in Cryptocurrency
Reading Time: 1 min read
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Ryan Salame, the co-chief executive of FTX’s Bahamas entity, called FTX Digital Markets, told the Bahamas Securities Commission on Nov. 9 that “clients’ assets which may have been held with FTX Digital were transferred to Alameda Research,” according to a letter to the Bahamas Police Commissioner disclosed this week. This would constitute “misappropriation, theft, fraud or some other crime,” Christina Rolle, Executive Director at Securities Commission of The Bahamas wrote to the Commissioner.



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