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Attorney General of The Bahamas Defends Its Crypto Savvy in Wake of FTX Crash

Ryan Pinder, Attorney-General and Minister of Legal Affairs for The Bahamas, held a late Sunday press conference to defend the "integrity of our jurisdiction," asserting that—despite his country's reputation as a "crypto paradise" and haven for cryptocurrency schemes—"The Bahamas is a place of laws."

The 20 minute address, broadcast live online, mentioned the failed cryptocurrency exchange FTX more than 40 times, but named its disgraced founder, Sam Bankman-Fried, only once.

Attorney General of The Bahamas Defends Its Crypto Savvy in Wake of FTX Crash - Decrypt Ryan Pinder's years in public service included a year-long break to work at Deltec Bank, a Bahamanian firm with ties to FTX.