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Full Version: FTX spent $450m on Bahamas real estate, ‘substantial’ assets missing: maybe our CPF g
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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.
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Wow!

How come FTX Sam Bankman Fried is using our hard-earned CPF savings to speculate in Bahamas property market ?
To be fair bahamas are in bermuda triangle after all, so ish a norm for stuffs there to go missing. Sad
Our CPF was given to him for his CPF.