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FTX Tensions Intensify as Bahamas Blasts Company’s New Chief Ray

  • Nation and FTX restructuring team have been trading jabs
  • Attorney general calls remarks in bankruptcy ‘regrettable’
Bloomberg business news
FTX FALLOUT HITS DUBAI
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The Bahamian government blasted the person in charge of restructuring crypto exchange FTX, the latest salvo in an escalating fight over what remains of Sam Bankman-Fried’s crumbled empire. 

Bahamas Attorney General Ryan Pinder on Sunday said that recent statements made in US bankruptcy proceedings by John J. Ray III were “regrettable” and misrepresented actions taken by the nation’s securities watchdog. Ray, a turnaround and restructuring expert, is also acting as FTX’s chief executive officer.