Bankman-Fried’s FTX, parents bought Bahamas property worth $121 million

NEW PROVIDENCE, Bahamas- SamBankman-Fried'sFTX, hisparentsand senior executives of the failed cryptocurrency exchangeboughtat least 19 propertiesworthnearly $121millionin theBahamasover the past two years, officialpropertyrecords show. Most ofFTX's purchases were luxury beachfront homes, including seven condominiums in an expensive resort community called Albany, costing almost $72million. The deeds show these properties,boughtby a unit ofFTX, were to be used as "residence for key personnel" of the company. Reuters could not determine who lived in the apartments. The documents for another home with beach access in Old Fort Bay -- a gated community that was once home to a Britis...

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