FTX spent $40M on food, flights, and hotels in just 9 months: Court filings

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FTX spent $40M on food, flights, and hotels in just 9 months: Court filings
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FTX had its own courier service to deliver Amazon orders to the Bahamas simply because they wouldn’t ship there.

FTX’s Bahamian company spent a staggering amount of money on luxury hotels and accommodation, flights, and food just nine months before the exchange’s collapse, court filings revealed.

More than $15 million went on luxury hotels and accommodation, with $5.8 million of that at one resort — the Albany Hotel. This luxury resort is where Sam Bankman-Fried lived in his $30 million penthouse until his arrest, theAround $3.6 million went on the Grand Hyatt, a four-star hotel that hosted British royalty in March 2022. There was also $800,000 spent at the five-star Rosewood resort.

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