NASSAU, Bahamas – last year head of FTX walked into a bank office and invested $4.5 million of the company’s money into an ambitious plan to buy a piece of oceanfront land and turn it into the crypto giant’s new headquarters.
executive branch, Ryan Salameh, closed the deal on short notice, people familiar with the matter said, just part of the company’s property buying spree in and around Nassau. In April, the Prime Minister of the Bahamas appeared with the management of FTX at the ceremonial laying of new ground. But the construction never started. FTX collapsed this monthhis real estate holdings are now subject to bankruptcy.
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