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BAHAMAS
REPORT FRAUD IN BAHAMAS1▸
No agency for Bahamas in our directory yet.
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Search the Report Fraud directory.
BORN HERE▸
Nobody in our case files was born in Bahamas yet.
OPERATED HERE2▸
Physically based or working in Bahamas — lived, ran an office, met victims or was stationed here, per the record. Hacking a target here does not count.
Nassau, Bahamas
WHAT THEY DID HERE, AND WHEN
2021–2022Moves FTX headquarters to the Bahamas; customer funds flow to Alameda through the exchange's hidden credit line.SOURCE: DOJ SDNY; trial record
Nov–Dec 2022FTX collapses; arrested in Nassau on 12 Dec 2022 and extradited to the US on 21 Dec.SOURCE: DOJ
Nassau, Bahamas
WHAT THEY DID HERE, AND WHEN
2021–Nov 2022As Alameda's CEO, directs the use of FTX customer money to cover Alameda's losses and lenders; keeps the real balance sheet from the public.SOURCE: DOJ sentencing letter, 17 Sept 2024
Nov 2022Tells staff the truth as FTX collapses, then speaks to the government before she is charged.SOURCE: DOJ sentencing letter
OUR CASES BY CATEGORY▸
Share of the 2 cases tied to Bahamas (born or operated here)
FRAUD METHODS TIED HERE3▸
From the Global Fraud Encyclopedia and the cases above. Tap a method for its page.
#8 Securities Fraud / Insider Tradingused in our cases ▸#20 Wire Fraudused in our cases ▸#30 Embezzlementused in our cases ▸