SBF, FTX execs reportedly spend millions on properties in the Bahamas By Cointelegraph
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The latest revelation from the FTX case reveals that Bahamian properties worth millions were bought in the company name. FTX, at the time operated by Sam Bankman-Fried (SBF), his parents and other high-level executives of the company, reportedly purchased at least 19 properties in the Bahamas over the last two years.
Collectively, these purchases have a worth of over $121 million, according to a Reuters report of the official property records.
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The latest revelation from the FTX case reveals that Bahamian properties worth millions were bought in the company name. FTX, at the time operated by Sam Bankman-Fried (SBF), his parents and other high-level executives of the company, reportedly purchased at least 19 properties in the Bahamas over the last two years.
Collectively, these purchases have a worth of over $121 million, according to a Reuters report of the official property records.
Continue Reading on Coin Telegraph