Home World Crypto firm FTX has landed in the Bahamas with a bang, and...

Crypto firm FTX has landed in the Bahamas with a bang, and now the Bahamas is picking up the pieces

13
0

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.

This article is first published on Source link

Previous articleEurope cannot discuss the details of gas price capping
Next articlePhilly D.A. Larry Krasner to face impeachment trial in the Pa. Senate this January