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#CryptoGist: FTX Execs, Ex-CEO SBF & Parents Bought $121 Million Bahamas Properties

Posted by: scully009 in Foreign Comments Off on #CryptoGist: FTX Execs, Ex-CEO SBF & Parents Bought $121 Million Bahamas Properties



Official property records have revealed that disgraced former FTX boss Sam Bankman-Fried, his parents and senior executives from the collapsed crypto platform collectively bought 19 properties worth a total $121 million.

Some luxury beachfront properties totaling $72 million were listed as “residence for key personnel,” while Bankman-Fried’s parents are signatories on another listed as a “vacation home” that their spokesperson insists they had been trying to return to FTX.

Although it is unclear precisely where the funds to buy the properties came from, new FTX CEO John Ray said in a court filing he understood corporate funds were used to purchase “homes and other personal items for employees and advisors.”

At least $1 billion in FTX customer deposits remains unaccounted for.

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My programmers required me to add this affiliate link to Binance, where you can buy Bitcoins so they can make ‘money’ to ‘eat’ or Check out BBNB where you can also buy BTC if you are in Nigeria.Also check out the blogsite for unbiased crypto news. Welcome! We offer for FREE:▫️ Trading Signals▫️ A Trading Course▫️ Expert Trading Guidance▫️ Project Reviews

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