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Search resuls for: "Jasper Ward Brian Ellsworth"


3 mentions found


☆ Stop blaming The Bahamas for FTX collapse, foreign minister says
  + stars: | 2022-12-16 | by ( Jasper Ward Brian Ellsworth | Jasper Ward | Brian Ellsworth | ) www.reuters.com   time to read: +1 min
Dec 16 (Reuters) - The Bahamas should not be blamed for the collapse of bankrupt cryptocurrency platform FTX, the country's foreign minister said on Friday, following repeated accusations by FTX management of alleged misconduct by the Caribbean nation's authorities. In a withering voice recording distributed over WhatsApp on Friday morning, Bahamas Foreign Minister Fred Mitchell, said "this blame game directed at The Bahamas" is undermining efforts to recover assets that were lost as a result of fraud. "We in The Bahamas can ask the question: How did the mastermind of FTX get on the front page of Forbes magazine, a U.S. magazine? On Thursday, his lawyers filed a new bail application, this time before the Supreme Court, according to a source. Reporting by Jasper Ward in Washington and Brian Ellsworth in Miami Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
☆ Uncertain conditions await Bankman-Fried at Bahamas detention center
  + stars: | 2022-12-14 | by ( Jasper Ward Brian Ellsworth | Jasper Ward | Brian Ellsworth | ) www.reuters.com   time to read: +3 min
[1/3] The prison where Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, is being held after his arrest is seen in Nassau, Bahamas December 14, 2022. REUTERS/Maria Alejandra Cardona/File PhotoDec 13 (Reuters) - Prisoners faced rodents and a lack of toilets in the Bahamas detention center where Sam Bankman-Fried will be held, according to a 2021 U.S. State Department report, though local authorities says conditions have since improved. The 30-year-old Bankman-Fried arrived at a Bahamas court on Tuesday for his first in-person public appearance since the spectacular collapse of cryptocurrency exchange he founded. Cleare said on Tuesday that prison conditions have greatly improved thanks to a renovation program that has built new cells. The Bahamas Department of Correctional Services did not immediately respond to a request for comment on the videos.
☆ The Bahamas would send troops to Haiti if asked, minister says
  + stars: | 2022-10-18 | by ( Jasper Ward Brian Ellsworth | Jasper Ward | Brian Ellsworth | ) www.reuters.com   time to read: +2 min
NASSAU, Oct 18 (Reuters) - The Bahamas would send troops or police to Haiti as part of a peacekeeping force if asked to do so by the United Nations or the Caribbean Community, a Bahamian government minister said on Tuesday, as Haiti's humanitarian crisis continues to worsen. read more"If Caricom determines to send troops in, Caricom will no doubt determine how that troop make-up will be, which could include Bahamian troops," National Security Minister Wayne Munroe told reporters. Bahamian Prime Minister Philip Davis assumes the chairmanship of 15-member regional group Caricom in January. Such an intervention would be in the interests of The Bahamas, Munroe said, because the Royal Bahamas Defence Force already does extensive work to patrol its territorial waters for Haitian migrants. Haitians frequently travel through Bahamian waters in hopes of reaching the United States.
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