According to ChainCatcher, according to Forbes, after FTX was attacked, the digital asset custody platform Fireblocks was commissioned by the Bahamian government to transfer and custody $400 million worth of crypto assets. The transfer was implemented with the help of SBF and Zixiao Wang (Gary), but SBF had resigned as CEO of FTX at that time.

Currently, Fireblocks' system grants Bahamian authorities unilateral control over the funds. This means that Fireblocks cannot transfer the assets to another jurisdiction. Sources told Forbes that no U.S. government agency has contacted Fireblocks about the funds so far.

Earlier news, the Securities Commission of the Bahamas (SCB) announced that the transfer of assets was to protect the interests of customers and creditors, and did not recognize FTX's bankruptcy protection application in Delaware, and stated that the status of creditors in the Bahamas is higher than bankruptcy claims in other regions. (Source link)