Shortly after FTX Digital Markets filed for Chapter 11 bankruptcy protection, Bahamian authorities seized $3.5 billion of digital assets from the failed cryptocurrency exchange, according to a statement late Thursday. The assets were seized by the Bahamian Securities Commission, which cited a risk of "imminent dissipation" of the assets over concerns flagged by Bankman-Fried, which included potential cyberattacks against the exchange, Bloomberg reports. According to bankruptcy filings, around $372 million worth of tokens were stolen from the exchange, out of roughly $700 million of token outflows from FTX within a 24 hour period, according to blockchain research firm Nansen. https://www.zerohedge.com/crypto/bahamas-seized-35-billion-ftx-assets-over-risk-imminent-dissipation