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FTX Bahamas liquidators told: It’s only ‘a wrist slap’

A Delaware judge has warned FTX’s Bahamian liquidators that he is unlikely to sanction their US adversary, or dismiss the legal action he has brought against them, on the basis that the two sides’ co-operation deal was violated.

Jones and Liberty beat Aces 94-85

New York tightens up race for top seed in the WNBA playoffs

NEW YORK (AP) — Sabrina Ionescu scored 25 points and Breanna Stewart added 20 points, 12 rebounds and seven assists to help the New York Liberty beat the Las Vegas Aces 94-85 last night in the final regular-season meeting between the teams.

Raising ‘Freeport out of the ashes’

The Government and Grand Bahama Port Authority’s (GBPA) owners were yesterday warned the latter’s 3,000 licensees must “have a say” over any changes to its ownership and Freeport’s founding treaty.

Penalty for small amount of cannabis higher than other Caribbean countries

THE penalty for having a small amount of cannabis in The Bahamas would be higher than most countries in the Caribbean that have decriminalised the drug if the Davis administration’s proposed legislation becomes law.

Investigation into missing funds nears completion

DEPUTY Police Commissioner Leamond Deleveaux said police are 80 per cent complete with their investigation into funds allegedly misused during the small home repairs programme under the Minnis administration.

‘CANNABIS DRAFT BILL INADEQUATE’: Rastafarian community dissatisfied with location limit for religious use

THE Rastafarian community is not satisfied with the Davis administration’s proposal for legalising cannabis for religious purposes, calling the draft bills inadequate.

The Bahamas finishes third in the CARIFTA triathlon

THE host country finished third at the 2023 CARIFTA Triathlon and Aquathlon Championships this past weekend at Goodman’s Bay. The Bahamas accomplished a much better showing at home following last year’s fifth place finish in Bermuda. Barbados repeated as champions once again, earning a first place finish at the event.

Champions crowned at AID Clay Court Championships

THE 29th edition of the Automotive and Industrial Distributors (AID) Limited Clay Court Championships culminated after two weeks of competition at the Gym Tennis Club in Winton Meadows.

Taxi union chief wants 'hustlers at dock' end

The taxi union's president says the industry is seeking to shed its "hustlers at the dock" image after several drivers protested over the Nassau Cruise Port's new call-up system and police efforts to enforce it.

As dengue fever cases rise officials warn of increased risk to those previously infected

HEALTH officials said people knowingly or unknowingly infected with dengue fever during an outbreak in 2011 are at risk of serious illness if they get infected this year because of the type of virus confirmed to be in New Providence.

Unlocking athletic performance: Essential role of fats in an athlete’s diet

AS athletes, we often hear about the significance of proteins and carbohydrates in fuelling our workouts and competitions.

CARIFTA Triathlon and Aquathlon gets underway for first time in The Bahamas

THE Bahamas Triathlon Association (BTA) will host the 2023 CARIFTA Triathlon and Aquathlon for the first time in New Providence, Bahamas, this Saturday and Sunday at Goodman’s Bay.

STATESIDE: Too early to pick from a crowded field of alternatives should Trump falter

ALL the talk these days is about an election still 15 tortuous months away in the future. There’s breaking news out of Iowa, where the numerous Republican also-rans were scrambling to gain some traction – any traction – ahead of last evening’s first GOP debate of this endless political season and the looming first-in-the-nation Iowa caucuses scheduled for January 15.

FTX US chief blasts ‘meddling’ liquidators

FTX’s US chief has resumed battle with the crypto exchange’s Bahamian liquidators by asserting that their “meddling is hindering” efforts to return recovered assets to former clients and creditors.

FTX’s Bahamas properties rack up $450k unpaid fees

FTX’s US chief has revealed that the collapsed crypto exchange’s Bahamian property empire has amassed $450,000 in unpaid fees to local services providers over the ongoing impasse over how to sell the portfolio.

FTX Bahamas demanding $9.15bn from US affiliates

FTX’s Bahamian liquidators are seeking to recover a total $9.15bn from the crypto exchange’s US entities with some 84 percent of this sum involving assets that were “misappropriated” prior to its late 2022 collapse.

We should not go cashless

Glad to see at least one Minister, Fred Mitchell is openly against cashless society... we, all those that totally disagree with the cashless stupidity, are supported that recent Central Bank stats indicate in a quarter the ‘wallets of these digital things’ the deposits in them decreased - dropped by over $31m. Seems the consumers are saying... be gone!

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