23-11-2022, 06:01 AM
‘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.
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.