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The Latest Breaking News from Bahamas

The Bahamas' endangered status as a crypto hub

The Caribbean nation is setting up a battle with the U.S. to protect its reputation.

Fortune

FTX had a 'complete absence of trustworthy financial information' says new CEO

The man appointed to administer the collapsed crypto exchange in chapter 11 bankruptcy, who oversaw the clean-up after Enron's collapse, says he has never seen "such a complete failure of corporate controls".

ABC News

FTX broke ground on a $60M Bahamas headquarters in April. Construction never started

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

Fortune

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As FTX crumbled, Sam Bankman-Fried's Bahamas penthouse was put up for sale. The listing was a fake

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

Fortune

New FTX boss, who worked on Enron bankruptcy, condemns ‘unprecedented failure’

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

The Guardian - US

Bahamas official calls Fyre Festival founder Billy McFarland a ‘fugitive’ as he launches treasure hunt venture

McFarland just finished a five-year prison sentence for wire fraud

The Independent UK

Allow Me, A Bimbo Who Can’t Count, To Explain How A Crypto Dweeb Lost $24 Billion In Days

Because tea from the crypto world isn't just for nerds.

Pedestrian.tv

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Sam Bankman-Fried’s $40m Bahamas penthouse reportedly up for sale

Entrepreneur at center of FTX scandal put luxury residence up for sale the same day crypto exchange filed for bankruptcy

The Guardian - US

FTX faces criminal misconduct probe by Bahamas authorities

The Bahamian police said they’re working with the Bahamas Securities Commission to investigate whether there was any criminal misconduct in the collapse of the crypto exchange FTX.

Tribune News Service

FTX assets frozen by Bahamas regulator as crypto exchange fights for survival

Founder Sam Bankman-Fried races to find funds to fill multibillion-dollar hole in exchange

The Guardian - UK

The spectacular collapse of a $30 billion crypto exchange should come as no surprise

Not long ago, FTX was one of the world’s largest trading platforms for cryptocurrencies. Founded in 2019, the Bahamas-based crypto exchange had a meteoric rise to prominence, and was valued at more than US$30 billion earlier this year.

The Conversation

Florida braces for Hurricane Nicole, a rare November storm

The storm strengthened into a hurricane on Wednesday after pounding the Bahamas, as U.S. officials ordered evacuations that included former President Donald Trump's Mar-a-Lago club.

WEKU

Florida buckles down for direct hit from rare November hurricane

Storm Nicole picks up strength after striking the Bahamas and is forecast to hit the state already devastated by Hurricane Ian

The Guardian - US

Tropical Storm Nicole, on the cusp of Category 1 strength, nears Florida

MIAMI — Tropical Storm Nicole, on the cusp of strengthening into a Category 1 hurricane possibly within hours, made landfall in the Bahamas Wednesday morning and remained on track to slam much of Florida with pounding surf, high winds and heavy rain.

Miami Herald

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Axios

Hurricane Nicole strikes Bahamas, Florida with surge, heavy rain and high winds

The storm is bringing damaging storm surge flooding along the east coast of Florida, north to Georgia and South Carolina, along with heavy rain and damaging winds.

USA Today Sports Media Group

‘See you soon at Albany’: Tiger Woods will play in next month’s 2022 Hero World Challenge in the Bahamas

Woods, Kevin Kisner and Tommy Fleetwood complete the 20-player field for next month's event in the Bahamas.

Axios

Tropical Storm Nicole strikes Bahamas, Florida with surge, heavy rain and high winds

The storm is on the cusp of hurricane intensity.

Miami Herald

Tropical Storm Nicole, on the cusp of Cat 1 strength, nears Florida. Track nudged south

MIAMI — Tropical Storm Nicole, on the cusp of strengthening into a Category 1 hurricane possibly within hours, remained on track to cross the Bahamas Wednesday and slam much of Florida with pounding surf, high winds and heavy rain.

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The Independent UK

Tropical Storm Nicole bears down on the Bahamas, Florida

Many people evacuated from vulnerable locations in the northwestern Bahamas as Tropical Storm Nicole approached and residents of Florida braced for the storm, which could strengthen to a hurricane

WEKU

Tropical Storm Nicole churns toward the Bahamas and Florida

The storm is expected to strengthen into a hurricane. It's headed for parts of the Bahamas and Florida that are still feeling the effects of previous hurricanes.

The Independent UK

Nicole strengthens, threatens Bahamas and Florida coastline

Subtropical Storm Nicole began strengthening and transitioning into a tropical storm as it churns toward the northwestern Bahamas and Florida’s Atlantic coastline

Tribune News Service

Subtropical Storm Nicole puts parts of South Florida under tropical storm warning and hurricane watch

FORT LAUDERDALE, Fla. — South Florida may not come through the end of the 2022 hurricane season without a direct hit as a rare November storm heads for the state’s east coast.

Tribune News Service

‘Threat is increasing for South Florida’: Counties under state of emergency ahead of potential Hurricane Nicole

FORT LAUDERDALE, Fla. — Just weeks before the end of the 2022 hurricane season, South Florida could feel the impacts of potential Hurricane Nicole, and experts said that the threat to the region is increasing.

Tribune News Service

DeSantis issues state of emergency for 34 counties across Florida ahead of potential Hurricane Nicole

FORT LAUDERDALE, Fla. — Gov. Ron DeSantis issued a state of emergency in 34 Florida counties — including Broward, Miami-Dade and Palm Beach — on Monday due to the potential of an approaching Hurricane Nicole.

WEKU

A hurricane watch is issued for Florida as Subtropical Storm Nicole gathers strength

Officials urged Floridians to "not focus on the exact track" of the storm, which is hundreds of miles across. The unusual, late-season storm could reach Category 1 hurricane strength later this week.

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