SBF's Alameda racked up $55,000 Margaritaville debt by snapping up around 20 premium suites for workers, who took a bus across tropical island to work, report says

Dec 7 2022 by Business Insider

 
Alameda owes $55,319 to Jimmy Buffett's Margaritaville.

Robert Alexander/Getty Images

Insider earlier reported how Sam Bankman-Fried's Alameda owed $55,319 to Margaritaville. Employees told Bloomberg that the company had around 20 premium suites for Alameda staff. They stayed there for months at a time and took a half-hour shuttle bus to work.

Sam Bankman-Fried's debt of more than $55,000 to Jimmy Buffett's Margaritaville resulted from the use of around 20 premium suites for Alameda staff,

Continue Reading SBF's Alameda racked up $55,000 Margaritaville debt by snapping up around 20 premium suites for workers, who took a bus across tropical island to work, report says