John Ray, chief executive officer of Cryptocurrency Derivatives Exchange FTX, arrives in bankruptcy court in Wilmington, Delaware, United States, on Tuesday, November 22, 2022.
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Lawyers in the Bahamas filed an urgent petition Friday asking a Delaware bankruptcy judge to force the US leaders of failed crypto firm FTX to grant them access to the facility. database as part of the proceedings.
The Urgent Petition states that despite “multiple efforts to obtain access”, FTX employees and advisors obstructed Bahamian regulators in their efforts to obtain key financial information in Amazon Web Services and Google Cloud portal database.
The attorneys, working on behalf of the Securities and Exchange Commission of the Bahamas, said the US bankruptcy proceedings would “not be harmed or difficult if this relief is granted.” They were looking for data about FTX’s international customers stored on AWS servers, including “wallet addresses, customer balances, deposit and withdrawal records, transactions, and accounting data.” .” Google technology serves as FTX International’s data analytics platform.
“While the General Interim Liquidator was happy to enter into dialogue with the US Debtor, their refusal to restore immediate access hampered the General Interim Liquidator’s ability to performance of their duties under Bahamian law and put FTX Digital’s assets at risk,” the filing reads.
FTX filed for bankruptcy protection last month following a liquidity crunch at the crypto exchange, which was mixing assets with sister hedge fund Alameda Research. FTX founder Sam Bankman-Fried, who had an estimated net worth of $16 billion before the collapse, will appear before US lawmakers next week.
