Bahamas is one of the large international center. So politics are well aware of what is crypto.
The politicians in Bahamas cannot even remotely consider that crypto is a scam because it would open the possibility that they get charged by whoever is a victim (e.g. in the US).
They will put the blame on FTX and that they are victim, but the problem is not only FTX, it's crypto and greed.
Oh, sure, I mean, a significant part of the Bahamas' economy is based on tax evasion, sidestepping financial regulations, and creating out-of-reach entities for large-scale scams. They know it, their customers know, everyone else knows it. But neither they nor their customers can say so, because that's the name of the game.
