Finance
Photos show Sam Bankman-Fried’s lavish lifestyle from $35M penthouse in Bahamas

Images of FTX founder and former CEO Sam Bankman-Fried’s $35 million penthouse in the Bahamas submitted as exhibits for his criminal fraud trial show a lavish lifestyle on the water with a private pool, bar and wide-open living room with a full-size grand piano.
Bankman-Fried’s trial entered its third day Thursday, as the crypto-empire’s former leader faces several charges in connection to the collapse of FTX — once the second-largest crypto exchange in the world — after it was hit with a flood of withdrawals following reports the exchange merged assets with Alameda.
Customers lost billions as a result of the collapse, and federal prosecutors accuse Bankman-Fried of misleading lenders and investors, as well as stealing billions of dollars in customer funds to buy real estate, make political contributions and make up for losses at Alameda.
FTX EMPLOYEES FOUND ALAMEDA’S SECRET BACKDOOR MONTHS BEFORE COLLAPSE
One piece of real estate owned by Bankman-Fried was a $35 million penthouse in the Bahamas, in what appears to be a marina and with a view of the ocean.
The top-floor penthouse included an outdoor pool with wicker lounge seats that could hold multiple people each, a hot tub that overflows into the pool and archways peeking out across the ocean.
FTX SUES SAM BANKMAN-FRIED’S PARENTS, SEEKING TO CLAW BACK MILLIONS

The images also show an outdoor TV from the view of a hot tub on the large patio, and a wide open living room with couches, a dining room table, more archways opening up to the outside and a grand piano.

A fully stocked bar is shown in the photos, as well as a room with white marble tile, a purple rug, purple sectional sofa and purple walls. The room also has a large-screen television, with two other televisions, one on each side of the larger one.
For art, the purple room has a Harry Potter movie poster on the wall.
AUTHOR DISHES ON FTX FOUNDER’S PAYMENTS TO TOM BRADY, STEPH CURRY

In his ongoing current trial, Bankman-Fried faces seven federal counts of fraud and conspiracy. The trial is expected to last about six weeks.
In March, Bankman-Fried has a second criminal trial scheduled against him, which addresses charges including campaign finance violations.
He has acknowledged his company did not steal funds yet had inadequate risk management. Bankman-Fried has pleaded not guilty to all the charges.
Fox News Digital’s Breck Dumas contributed to this report.
Read the full article here

-
Uncategorized5 days ago
The Surge of Crypto Slots: A New Period in Online Pc Gaming
-
Uncategorized5 days ago
Kəşf Etmək Binance Coin Kazino Saytları Dünyasını
-
Uncategorized5 days ago
The Increase of Dogecoin Casino Sites: An Extensive Introduction
-
Uncategorized5 days ago
High Roller Online Casinos: Inside the Globe of Elite Betting
-
Uncategorized15 hours ago
The Comprehensive Overview to Tutoring Networks