FTX, Bankman-Fried & parents purchased $ 121 million in Bahamas real estate
In the last two years, FTX, its founder Sam Bankman-Fried, his parents, and the company’s top executives purchased at least 19 properties in the Bahamas for a total of around $ 121 million. According to a report, FTX Property Holdings, a division of FTX, acquired 15 properties totalling around $ 100 million in 2021 and 2022. At a resort called Albany, a $ 30 million penthouse was the priciest real estate acquisition. According to reports, Ryan Salame, the president of FTX Property, signed its deed on March 17 and stated that it was meant to be a “home for key staff”. Read more here
