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Most FTX customers have been unable to withdraw their funds from the platform as the Bahamas-headquartered company goes through bankruptcy proceedings. And if they were a shareholder, we would have had to file a change of control in the UK, where we’re licensed. It’s public record that it never happened.
By December 12, Bankman-Fried had been arrested in the Bahamas. More widely compatible technologies like Zigbee, Z-Wave and Matter are licensable and widely adopted, giving Insteon little in the way of leverage. The next day, the U.S. But while a sale was expected in March, the plans ultimately fell through. Image Credits: Kite.
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