FTX blew $40M on hotels, flights & food in 2022
As the FTX saga persists, more revelations pertaining to the crypto firm have been coming to light . With Sam Bankman-Fried under house arrest, details regarding how user funds were utilized throughout last year were surfacing. Court filings have pointed out that millions of dollars were spent on food, travel, and accommodation. SBF’s fallen empire reportedly devoured $40 million between January and September 2022. JUST IN: FTX spent $40 million on hotels, flights, and food in 2022, court filing reveals. — Watcher.Guru (@WatcherGuru) January 9, 2023 According to recent reports, $15 million of the aforementioned $40 million was spent on luxury hotel s as well as accommodation. An astounding $5.8 million was paid to a single resort, the Albany hotel . This was the same resort where SBF’s $30 million penthouse was located. It should be noted that SBF was arrested on the same property. This wasn’t all. The Grand Hyatt, a four-star hotel that...