The Latest Breaking News from Bahamas

Less than two weeks ago SBF and Scaramucci embarked on a fundraising trip together in the Middle East. Now, nearly a third of Scaramucci's firm is tied up in bankruptcy proceedings.

City Comment : There is something of the Fyre Island festival debacle about the downfall of crypto platform FTX. Like the 2017 scandal, there is a backdrop of sun kissed silver beaches - FTX operated largely out of the Bahamas - an apparently credible charismatic 30 year old entrepreneur running…

Sam Bankman-Fried's crypto empire was a kleptocurrency exchange, where management and employees were allowed almost everything.

Sam Bankman-Fried's crypto empire was a kleptocurrency exchange, where management and employees were allowed almost everything.

The project promised hundreds of jobs, but “nothing was ever done.”

A viral real estate listing thought to belong to SBF was the result of a "web malfunction."

There were no expense controls for employees whose expenses were approved by chat with personalized emojis, according to the new CEO.

US corporate restructuring expert John Ray says ‘never in my career have I seen such a complete failure of corporate controls’

There were no expense controls for employees whose expenses were approved by chat with personalized emojis, according to the new CEO.