FAST FIVE: Sam Bankman-Fried's Parents Bought Bahamas "Vacation Home" Among $121 Million In FTX Property Purchases
The properties were officially purchased by a unit of FTX.
Records showed the condominiums cost between $950,000 and $2 million and were bought by Nishad Singh, the former head of engineering at FTX, Gary Wang, an FTX co-founder, and Bankman-Fried for residential use.
Stanford University law professors Joseph Bankman and Barbara Fried were listed as signatories on a home in Old Fort Bay that was said to be used as a “vacation home”.
Fried have been seeking to return the deed to the company and are awaiting further instructions.” Reuters unearthed the new details by searching records at the Bahamas Registrar General's Department “for FTX, Bankman-Fried, his parents and some of the company's key executives”.
The $4.5 million plot of land is empty. Tyler Durden Tue, 11/22/2022 – 09:35.