FTX Co-Founder's Alleged Extravagance Comes to Light in Bankruptcy Court Documents – Bitcoin News

Norge Nyheter Nyheter

FTX Co-Founder's Alleged Extravagance Comes to Light in Bankruptcy Court Documents – Bitcoin News
Norge Siste Nytt,Norge Overskrifter
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on hotels, food, and flights.

on SBF telling the court he needed access to the $460 million in Robinhood shares to “pay for his criminal defense.” Furthermore, the former FTX CEO explained that customers “face only the possibility of economic loss.”

SBF and his inner circle lived in a $30 million penthouse at the 600-acre Albany beachside luxury resort in The Bahamas. The 12,000-square-foot penthouse reportedly went on the market for sale in mid-Nov. 2022.this week detail that FTX’s and Alameda’s executives spent tens of millions lavishly on residential accommodations, hotels, food, and flights last year. Records show that $15.4 million was spent on luxury hotels and accommodations.

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

BTCTN /  🏆 531. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Sam Bankman-Fried Wants to Hide Who’s Co-Signing His BailSam Bankman-Fried Wants to Hide Who’s Co-Signing His BailThe FTX founder wants a court to shield the names of his deep-pocketed guarantors.
Les mer »

Cryptocurrency world continuing to feel effects from collapse of FTX, arrest of founderProsecutors say more than 1 million investors lost over $8 billion through the collapse of cryptocurrency FTX and disgraced founder Sam Bankman-Fried.
Les mer »

The Real Problem with John Roberts’ 2022 Report on the CourtThe Real Problem with John Roberts’ 2022 Report on the CourtThe Chief Justice is burying his head in the sand. when it comes to the biggest problem with SCOTUS.
Les mer »

1-Year-Old Boy Killed, Woman Hurt in Crash in Delaware1-Year-Old Boy Killed, Woman Hurt in Crash in DelawareA 1-year-old boy died from his injuries while a woman was injured following a crash in Delaware.
Les mer »



Render Time: 2025-03-07 10:24:17