FTX owned $256 million of Bahamas real estate including 15 condos in the same building, and the government wants it back

Dec 13 2022 by Business Insider

 
Sam Bankman-Fried and a Bahamas government building in Nassau.

Tom Williams/CQ-Roll Call, Inc via Getty Images; Walter Bibikow/Getty Images

Bahamian regulators are trying to claim $256 million of real estate owned by FTX. The company owned 15 condos in the same luxury community where Sam Bankman-Fried lived. Bankman-Fried was arrested Monday and faces charges relating to "violations of securities laws."

FTX owns $256.3 million of real estate in the Bahamas, but the island's government has...

Continue Reading FTX owned $256 million of Bahamas real estate including 15 condos in the same building, and the government wants it back