Revive

Million

Terra

Read

<div class="coingape"> 
 <p>Also Read: <strong>Terra Luna Classic Validators Divided On Proposal To Revive USTC And LUNC To $1</strong></p>  
 <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;"> 
  <div class="ad1"> 
   <div class="advertised"> <span class="ad-placeholder">advertisement</span> 
   </div> 
  </div> 
  <div id="my-banner-ad" class="d-inline-block"></div> 
 </div> 
 <h2 id="199-million-worth-property-in-bahamas">$199 Million Worth Property In Bahamas</h2> 
 <p>The company revealed that $2.2 billion worth in cash, crypto, equity and real estate value was received by <a rel="noopener noreferrer nofollow" title="Sam Bankman-Fried" href="https://thebittimes.com/tag/sam-bankman-fried.html">Sam Bankman-Fried</a>, Nishad Singh, Zixiao Gary Wang, and Caroline Ellison among 46 others. The filing showed that the FTX Bahamas properties included 15 properties by the name Albany Marina Residences worth $151 million and $34 million across 5 additional properties. Further, the crypto exchange stated in the filing that it has organized about $7 billion in assets including $1.16 billion worth of Solana ($SOL) and $560 million worth of Bitcoin ($BTC) as part of a crypto portfolio worth $3.4 billion.</p> 
 <p><img decoding="async" class="aligncenter size-full wp-image-158962" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%20857%20571'%3E%3C/svg%3E" alt="FTX Sam Bankman-Fried" width="857" height="571" data-lazy-srcset="https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 857w, https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 300w, https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 768w, https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 150w, https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 272w" data-lazy-sizes="(max-width: 857px) 100vw, 857px" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp"> 
  <noscript> 
   <img decoding="async" class="aligncenter size-full wp-image-158962" src="https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp" alt="FTX Sam Bankman-Fried" width="857" height="571" srcset="https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 857w, https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 300w, https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 768w, https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 150w, https://cdn.thebittimes.com/images/2023/09/11/fa8bdf6dbe074969e2719c74879bc608.webp 272w" sizes="(max-width: 857px) 100vw, 857px"> 
  </noscript></p>  
 <div class="quads-location quads-ad124348 " id="quads-ad124348" style="float:none;text-align:center;padding:0px 0 0px 0;">   
 </div> 
 <p>In November 2022, CoinGape reported that <a rel="noopener noreferrer nofollow" title="Sam Bankman-Fried" href="https://thebittimes.com/tag/sam-bankman-fried.html">Sam Bankman-Fried</a>’s parents and senior FTX executives have purchased several properties across the Bahamas. At the time, the official property records were reported to have shown a total worth of $121 million in the 2 years before the FTX collapse. In a recent development, the FTX founder has sought the court a relief of five days a week outside the court for working on his defense case.</p>  
 <div class="quads-location quads-ad148831 " id="quads-ad148831" style="float:none;margin:0px 3px 3px 3px;padding:0px 0px 0px 0px;"> 
  <div class="NewTrendin dsdsd m-on"> 
   <h5> 
    <svg class="inline-block w-5 ml-1 text-black _text-digg-blue" width="34" height="20" xmlns="//www.w3.org/2000/svg" viewbox="0 0 17 17" fill="currentColor"> <path fill-rule="evenodd" d="M12 7a1 1 0 110-2h5a1 1 0 011 1v5a1 1 0 11-2 0V8.414l-4.293 4.293a1 1 0 01-1.414 0L8 10.414l-4.293 4.293a1 1 0 01-1.414-1.414l5-5a1 1 0 011.414 0L11 10.586 14.586 7H12z" clip-rule="evenodd"></path> 
    </svg>Recommended Articles </h5> 
   <div class="TrendSList owl-carousel owl-relatedpostar"> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/11/7e58ad9c1a42839a3662e4795facbe5e.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/11/7e58ad9c1a42839a3662e4795facbe5e.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Crypto Presale Projects For 2023 To Invest; Updated List </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/10/472515f3ab5ae759f4e49d6afa8bc33a.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/10/472515f3ab5ae759f4e49d6afa8bc33a.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="crypto exchange affiliate programs" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Crypto Telegram Channels List 2023 [UPDATED]</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/11/538437580b529f127562491e7213369a.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/11/538437580b529f127562491e7213369a.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4"> Best Crypto Exchanges and Apps September 2023 </h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/11/8f32e5e326a5041be0cd38c65f5c51f1.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/11/8f32e5e326a5041be0cd38c65f5c51f1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top Meme Coins to Buy Now: What You Need to Know</h6> <span>Must Read</span> 
    </div> 
    <div class="BoXtrendsI bg-white"> 
     <div class="ImgFrmI"> 
      <img width="1200" height="627" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201200%20627'%3E%3C/svg%3E" alt="ethereum price crypto news" decoding="async" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/10/48cfebc8a0493db9937bed5dd005ee19.webp"> 
      <noscript> 
       <img width="1200" height="627" src="https://cdn.thebittimes.com/images/2023/09/10/48cfebc8a0493db9937bed5dd005ee19.webp" alt="ethereum price crypto news" decoding="async" loading="lazy"> 
      </noscript> 
     </div> 
     <h6 class="mb-4">Top 10 Web3 Games To Explore In 2023; Here List</h6> <span>Must Read</span> 
    </div> 
   </div> 
  </div> 
 </div> 
 <h2 id="political-donations-made-by-sbf">Political Donations Made By SBF</h2> 
 <p>In an interesting revelation, the crypto exchange had also mentioned that $86.6 million in political and charitable donations were paid to third parties. It has been reported that the FTX founder has made one of the biggest donations for US president Joe Biden’s 2020 political campaign. In this respect, Bankman-Fried is facing campaign finance violations in the US Courts.</p> 
 <p>Also Read: <strong>Crypto Market Selloff: Here’s Why ETH, XRP, SOL Prices Falling Sharply</strong></p> 
</div>  
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/ftx-filing-details-sam-bankman-fried-real-estate-empire-tbt62307.html">https://thebittimes.com/ftx-filing-details-sam-bankman-fried-real-estate-empire-tbt62307.html</a></p>

FTX Filing Details Sam Bankman-Fried Real Estate Empire

Table of Contents

TheBitTimes

Other articles published on Sep 11, 2023

Rollbit, Arbitrum, The Graph lead losses, Bitcoin dips below $25,000: Markets

David Marcus’s Vision: Bitcoin as a Global Payment

Yen Gains Against Dollar as BoJ Reconsiders Dovish Policy

India’s Digital Rupee Gains Momentum: RBI Targets 1 Million Daily Transactions by Year-End

India to Announce Crypto Policy in Coming Months Following G20 Summit

Why the IUS Coin?

Join our free newsletter for daily crypto updates!