Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils

Bahamas Property Worth $121 Million Acquired by FTX, SBF’s Parents, Report Unveils


Bankrupt crypto exchange FTX and its founder’s parents have purchased properties for almost $121 million in the Bahamas, according to a media report. Some of these were supposed to be used by the company’s senior executives, quoted documents have revealed.

Bankman-Fried’s Parents Trying to Return Vacation Home to FTX

FTX, the parents of its founder and CEO Sam Bankman-Fried (SBF), and top executives of the insolvent cryptocurrency exchange have bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, Reuters reported, citing property records.

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Among the purchases were luxury beachfront homes, including seven condominiums in an expensive resort community called Albany, costing almost $72 million, the news agency detailed. These were acquired by an FTX unit and were

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