FTX in an emergency court filing yesterday said that evidence suggests Bahamian regulators directed former CEO Sam Bankman-Fried to gain “unauthorized access” to FTX systems to obtain digital assets belonging to the company after it had filed for bankruptcy protection, CNBC.com reported. The filing said that Bankman-Fried transferred those assets to the custody of the Bahamian government. It cites an interview published by Vox on Wednesday where Bankman-Fried expresses serious disdain for regulators. “F--- regulators,” he said in the interview. “They make everything worse. They don’t protect customers at all.” “You know what was maybe my biggest single f----p?” he asked. “Chapter 11.” The accusations were made by FTX in a motion in the U.S. Bankruptcy Court in Delaware. In that motion, FTX said the alleged conduct puts “in serious question” a request by Bahamian regulators for recognition as liquidators in the bankruptcy.
