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Reuters reveals Bankman-Fried’s FTX, senior employees, dad and mom purchased Bahamas property value $300 mln – Reuters Information Company

Enterprise & Finance

Reuters solely reported that Sam Bankman-Fried’s FTX, his dad and mom and senior executives of the failed cryptocurrency change purchased at the very least 19 properties value almost $121 million within the Bahamas over the previous two years. Information confirmed most of FTX’s purchases had been luxurious beachfront properties, together with seven condominiums in an costly resort group costing virtually $72 million that had been for use as “residence for key personnel” of the corporate.

Article Tags

Subjects of Curiosity: Enterprise & Finance

Kind: Reuters Finest

Sectors: Actual Property

Areas: Americas

Nations: Bahamas

Win Varieties: Exclusivity

Story Varieties: Unique / Scoop

Media Varieties: Textual content

Buyer Influence: Important Nationwide Story



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