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‘Personal fiefdom’: FTX spent $450m on Bahamas real estate, ‘substantial’ assets missing.
Stricken crypto exchange FTX was run as a “personal fiefdom” of Sam Bankman-Fried, attorneys for the firm said describing that one of the company’s units spent $US300 million ($451 million) on Bahamas real estate.
(This post was last modified: 23-11-2022, 08:34 AM by
Scythian.)
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Wow!
How come FTX Sam Bankman Fried is using our hard-earned CPF savings to speculate in Bahamas property market ?
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To be fair bahamas are in bermuda triangle after all, so ish a norm for stuffs there to go missing.
There was a time when the country asked ordinary men to do extraordinary things.
But now, they'll only do it for money.
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Our CPF was given to him for his CPF.