Bahamas liquidators set to access ‘elusive’ FTX data

By NEIL HARTNELL Tribune Business Editor nhartnell@tribunemedia.net

FTX’s Bahamian liquidators believe they will soon gain access to critical records that have “so far eluded them” while avoiding the risk of costly and time-consuming legal battles in Delaware.

Brian Simms KC, the Lennox Paton senior partner, in a February 6, 2023, affidavit argued that the co-operation agreement thrashed out between himself and his colleagues, and the FTX US team headed by John Ray, was the best mechanism for avoiding protracted delays in the winding-up of the collapsed crypto exchange’s Bahamian subsidiary. Urging the Supreme Court to “sanction” the co-operation deal, which it now has, Mr Simms effectively said the agreement was the only way he and fellow provisional

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