Will FTX bankruptcy in the Bahamas?

REUTERS/Marco Bello/File Photo Nov 16 (Reuters) - Liquidators for FTX's Bahamas unit, FTX Digital Markets, have asked a New York City court to recognize its bankruptcy in the Bahamas, saying they "reject the validity" of the cryptocurrency exchange's U.S. bankruptcy proceedings.

Is FTX digital markets in bankruptcy?

FTX Digital Markets filed a Chapter 15 bankruptcy petition on Nov. 15 in New York City. The filing seeks to give the Bahamas proceeding equal status under U.S. bankruptcy law as a U.S. proceeding. WHO IS CAROLINE ELLISON AND HOW DID SHE END UP AT CENTER OF FTX COLLAPSE?

How much did FTX recover from bankruptcy?

As part of its bankruptcy proceedings, the failed crypto exchange FTX informed a federal judge last week that it had recovered more than $5 billion in assets. New documents released on Tuesday reveal the source for this figure, as well as details on billions of dollars’ worth of transactions now under review.

Will Bahamas liquidators get FTX records & block asset transfers?

The Bahamas liquidators, who were appointed on Nov. 10 by the Securities Commission of the Bahamas, filed a Chapter 15 petition late on Tuesday in U.S. bankruptcy court in New York,asking the court to help them obtain records from FTX and block asset transfers to protect creditors of the Bahamas-based company.