HomeUncategorizedFTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO By Cointelegraph

FTX splurged on cartoon, book about humans and ‘Pineapple House,’ alleges CEO By Cointelegraph

June 27, 2023

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Former FTX executives allegedly splurged millions on funding niche projects unrelated to crypto or Web3, including a uniquely named $1.8 million “Pineapple house.”

A June 26 report from FTX restructuring chief and CEO John Ray laid out the uses of the allegedly misappropriated customer funds.

Highlighted excerpt of Ray’s report detailing the projects allegedly funded using FTX customer funds. Source: Kroll