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Showing posts from January, 2023
Antigua and Barbuda Perpetual Regulatory Disaster and FTX Collapse By Kwame Nkosi Romeo Where are the notorious speechifying Antigua and Barbuda Ambassador to the US, Ronald Michael Sanders, and prime minister Gaston Browne's commentary on FTX Trading? None exist. None of the two criticized Samuel Bankman-Fried's (SBF) CEO, the sole owner of FTX Trading Ltd and Emergent Fidelity Technologies (EFT), both bankrupt companies affiliated under Antigua and Barbuda Incorporated Business Corporation (IBC) # 17182 and 17532 on April 02, 2019, and April 22, 2022, respectively.  Indeed this bureautic tradition of the Antigua Labor Party's (ALP) regime revolving door politics continues under ALP prime minister Gaston Browne and infamous political rogue Ambassador to the US Ronald Michael Sanders.  In testimony before the Houses Financial Service Committee on December 13, 2022,  John J. Ray III, CEO of FTX Debtors,  publicized: "..Chapter 11 was the best course available to preserv