| Reuters exclusively reported that Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years. Records showed most of FTX’s purchases were luxury beachfront homes, including seven condominiums in an expensive resort community costing almost $72 million that were to be used as “residence for key personnel” of the company. |
Business & Finance
Reuters reveals Bankman-Fried’s FTX, senior staff, parents bought Bahamas property worth $300 mln
22 November 2022, 4:37 pm 1 minute
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Real Estate
Regions: Americas
Countries: Bahamas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story
