FTX’s Margaritaville tab swells to $600K as it racked up a $400K DoorDash bill

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FTX’s Margaritaville tab swells to $600K as it racked up a $400K DoorDash bill
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FTX employees reportedly stayed “for weeks or months” in about 20 suites at One Particular Harbour – a luxury tower connected to the main Margaritaville resort, according to Bloomberg.

Sam Bankman-Fried’s defunct crypto exchange FTX owes Jimmy Buffett’s Margaritaville resort nearly $600,000 — more than 10 times what was previously thought — and meanwhile racked up a $400,000 DoorDash tab ahead of its bankruptcy, court papers revealed this week.sought after by Margaritaville resort in the BahamasBut court papers on Wednesday show the oceanside retreat named after Buffett’s hit single is now claiming $599,409 from the crypto hedge fund, according to Insider.

FTX’s investment affiliate Alameda Research was reportedly sought after by Margaritaville resort in the Bahamas over a $55,319 bar tab.Resort staffers said workers from the since-imploded firm would pile into a shuttle in the morning and return to Margaritaville after their workday at the company’s Bahamas-based headquarters, according to reports.

Meanwhile, court filings this week also show that investment arm Alameda Research racked up a $400,000 Doordash bill in the months leading up to the crypto giant’s spectacular implosion. West Realm Shires Services, which manages FTX US, paid a total of $357,526 to DoorDash in May and July of 2022,Documents filed in Delaware bankruptcy court on Wednesday revealed an unpaid tab of $403,765 from the food delivery app to FTX entities.Former employees previously told the Financial Times that FTX US was, along with free groceries, barbershop pop-up and bi-weekly massages.

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