Acetop UK Reports 2025 Loss as Trading Volumes Drop to $9.5 Billion
Acetop Financial Limited posted a £35,691 pretax loss in 2025 after revenue declined and trading volumes fell 21% to about $9.5 billion.
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The Securities Commission of the Bahamas (SCB) sticks to estimate of FTX assets
Abstract：According to Reuters, On Monday, the Securities Commission of the Bahamas (SCB) rejected FTX's claim that the regulator holds the digital assets of its Bahamas unit because debtors didn't give the regulator all the information.
According to Reuters, On Monday, the Securities Commission of the Bahamas (SCB) rejected FTX's claim that the regulator holds the digital assets of its Bahamas unit because debtors didn't give the regulator all the information.
In a statement last month, the SCB said it had seized FTX Digital Markets' cryptocurrency holdings to repay future customers as well as other creditors.
FTX disputed SCB's calculations, saying its digital assets seized in November were worth just $296 million and not $3.5 billion.
“Such public assertions by the Chapter 11 debtors were based on incomplete information,” the regulator said in a statement on Monday.
Following its bankruptcy filing on Nov. 11, FTX did not respond immediately to a request for comment.
To help liquidate FTX Digital Markets, Bahamas officials have sought access to FTX's records, but the company's U.S. bankruptcy team has refused.
FTX founder and former chief executive Sam Bankman-Fried was arrested on fraud charges and will be arraigned on Tuesday before Manhattan federal judge Lewis Kaplan.
John Ray, FTX's newly appointed CEO, has said the exchange lost $8 billion in customer funds.
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HYCM UK Swings to £236,304 Loss in 2025 as Costs Outpace Revenue Growth
HYCM Capital Markets (UK) Limited reported a £236,304 loss for 2025, as higher administrative costs offset a small rise in revenue and reversed the previous year’s profit.
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