-
FTX executives spent $256 million on Bahamas real estate
The Bahamas has additional than 700 islands and cays remote employees and learners can are living on 16 of them, such as Eleuthera (proven right here). Sylvain Sonnet | The Graphic Lender | Getty Photos Bahhamian attorneys say FTX executives Sam Bankman-Fried and Ryan Salame invested $256.3 million to buy and preserve 35 distinct properties throughout New Providence, Bahamas. Now, Bahamas regulators are hoping to claw back the home from FTX’s U.S. bankruptcy defense proceedings, telling a Delaware federal personal bankruptcy decide that permitting the homes to be administered in U.S. courts would be each administratively ineffective and illegal beneath Bahamas law. It is the initially accurate glance at the…