Before declaring bankruptcy, FTX has spared no expense.
In fact, at Bahamas, Sam Bankman Fried’s company spent over $40 million.
More than $15 million on luxury hotels.
In particular, $5.8 million, were spent from FTX CEO to finance his stay at the “Albany Hotel” in which he remained until the day of his arrest.
$7 million were used to buy meals and entertainment. The offending company, spent also almost $4 million on flights.
Bankman-Fried also gave money to the local Bahamian organizations.
The certainty of the news derives directly from the sentences issued by the court that were made public.
SOURCE: CoinTelegraph
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Chiara Chiommino is a graduating student in science of communication with work’s experience in social media marketing and web marketing as Brand Manager for Italian Cigar Group SRL. She took part in an internship experience entitled "Il Metaverso" in Italy.
