FTX spent $256 million on Bahamas true estate — now the island’s federal government wants it back

FTX spent 6 million on Bahamas true estate — now the island’s federal government wants it back

Crucial Factors

Bahamas regulators attraction to personal bankruptcy choose to attempt to assert possession around FTX-owned qualities in New Providence, Bahamas.
FTX used $256.3 million on 35 unique houses in the Bahamas.
Bahamian regulators tell a Delaware federal individual bankruptcy decide that enabling the homes to be administered in U.S. courts would be both administratively ineffective and illegal less than Bahamas regulation.

Supply

Finance

China’s suppressed crypto demand is spilling over into these stocks

June 29, 2025

Source

Finance

3 forces driving a record week for stocks as 7 portfolio names hit new highs

June 27, 2025

It’s been a week of records for the U.S. stock market — and for several stocks in the CNBC Investing Club’s portfolio. The S & P 500 jumped to an all-time high of 6,187.68 Friday, while the tech-heavy Nasdaq Composite rose to a new record of 20,311.51. Both benchmark gauges advanced around 4% from last […]

Finance

Stocks making the biggest moves midday: Nike, Uber, Newmont, Trade Desk and more

June 27, 2025

Check out the companies making headlines in midday trading Nike — Shares of the sneaker giant jumped about 17% after Nike posted fiscal fourth-quarter results that beat expectations and said it expects profit and sales declines to moderate in the future. Nike said it has already taken its biggest financial hit from its turnaround efforts, […]