Additional Regulatory Approval Required for Claims Against a Certain Exchange in the Bahamas Due to Its Inclusion in the EU Legal System

BlockBeats News, July 19 — Sunil, a creditor representative of a certain exchange, posted on X stating, "We have obtained more information regarding the Bahamas claims process for the exchange."

In the Bahamas claims process for the exchange, unfortunately, additional questions are required compared to the U.S. process. The reason appears to be that the Bahamas follows the UK/EU legal system, which necessitates extra regulatory approvals."