Loading ...Bahamas Attorney General Previously Employed by Bank of FTX
The Bahamas Attorney General Ryan Pinder, who gave an official address Sunday evening on the FTX crisis, formerly held the title “Head of Wealth Management” at e-banking platform Deltec, which was listed as a bank of FTX in the company’s recent bankruptcy filings.
Deltec, like FTX, is based in the Bahamas and both are registered under the country’s Digital Assets and Registered Exchanges Act (DARE), a law intended to regulate the “issuance, sale, and trade of digital assets.” In his Sunday speech, Attorney General Pinder praised the act for allowing Bahamian regulators to act “quickly and decisively” in freezing FTX assets.
“If you needed any more proof that the Bahamian government is in the pocket of SBF after his donations, the only thing he is [sic] retweeted all week is their telecast,” tweeted Adam Cochrane, partner at the crypto investment fund Cinneamhain Ventures.
Pinder, Deltec, and Moonstone did not respond to requests for comment.