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.
The post Reuters reveals Bankman-Fried’s FTX, senior staff, parents bought Bahamas property worth $300 mln appeared first on Reuters News Agency.