National
FTX $121M in Property Purchases Detailed
NASSAU, BAHAMAS – Sam Bankman-Fried, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in The Bahamas over the past two years.
NASSAU, BAHAMAS – Sam Bankman-Fried, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in The Bahamas over the past two years.
Official property records show FTX Property Holdings Ltd bought 15 properties worth nearly $100 million in 2021 and 2022.
Most of the purchases are luxury beachfront homes, including seven Albany condominiums, costing almost $72 million.
Records show the properties were to be used as “residence for key personnel” of the company.
Its most expensive purchase was a $30 million Albany penthouse, with documents showing it was intended as “residence for key personnel.”
Other high-end real estate purchases include three condominiums at One Cable Beach.
30-Year-Old Man’s Charges Upgraded to Murder
Woman Ordered to Refund Ex-Husband Over $21K In Child Support
Caribbean Agency: Heatwaves Won’t Be As Intense
China Promises To Safeguard Its Own Interests
France Calls For Suspension Of Investment In U.S. After Tariffs
Wall Street Opens Sharply Lower After Trump Tariffs
-
Court22 hours agoWoman Ordered to Refund Ex-Husband Over $21K In Child Support
-
Court3 days agoHaitian Man Accused of Sexually Abusing Stepdaughter Has Day In Court
-
Court22 hours ago30-Year-Old Man’s Charges Upgraded to Murder
-
Court2 days agoMan Accused of Killing Two Prisoners Preparing for First Murder Trial
-
Court3 days agoJury Convicts Man of Robbing Former Pinewood MP and Wife
-
Court2 days agoMan Sentenced to 20 Years for Killing Girlfriend in 2023
-
International23 hours agoChina Promises To Safeguard Its Own Interests
-
International23 hours agoFrance Calls For Suspension Of Investment In U.S. After Tariffs