The Bahamas are a sovereign jurisdiction, not a US state. So if they decide to have jurisdiction over people and legal entities residing and registered in the Bahamas, no additional court decision is needed.
No one is challenging that Bahamas is a country. The only holdings in the country was a shell holding nearly nothing of value. Antigua and Barbuda and Delaware were principle locations of the holdings. FTX Digital Markets was a shell for SBF to buy his way into the country - everyone knows that already. Do you not see a conflict of interest for a state regulator to be photographed with SBF at a ground breaking ceremony and then lie about ordering seizure and then only after being caught red handed back tracking and saying they ordered it? Shady business.
"FTX wrote in a court filing earlier this week that there was “credible evidence that the Bahamian government is responsible for directing unauthorised access to the debtors’ systems for the purpose of obtaining digital assets of the debtors — that took place after the commencement of these [bankruptcy] cases”."
