The Bahamas will have legal representation in the unfolding FTX case. The Caribbean nation chose Brown Rudnick as counsel “in certain matters of engagement related to the collapse of FTX Digital Markets Ltd.,” alongside Bahamian lawyers and other experts, according to a statement released by the law firm.
FTX Digital Markets is headquartered in the Bahamas, and the top management of the company lived in that country. Cases against the members of the management team are now being heard in the United States after former CEO Sam Bankman-Fried’s extradition from the Bahamas.
“Some of the Registrant's activities may involve preparation and dissemination of informational materials and otherwise engaging with U.S. government agencies and the U.S. media.”
Brown Rudnick may also prepare written content for social media on the behalf of the Bahamas, it said.
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