Bahamas regulator seizes FTX crypto assets of $3.5 billion.

In mid-November, Bahamas securities officials confiscated FTX's $3.5 billion digital assets.

FTX's U.S. managers threw doubt on Friday after the cryptocurrency exchange collapsed.

Last month, after FTX co-founder Sam Bankman-Fried testified under oath regarding a hacking effort

 the commission sought possession of FTX's crypto assets.

Ms. Rolle's account sheds light on how Bahamas officials handled FTX's failed exchange.

as the enterprise fell, including transferring local assets to government-controlled wallets.

Her affidavit says those tokens were worth $3.5 billion when transferred.