Money opens doors or should we say Money opens countries!!!
More than a year before its collapse, FTX moved its headquarters to the Bahamas—a country that worked to lure crypto companies to its shores. So what makes the nation attractive to crypto? And how could FTX’s demise change that?
Anyone remember the Frye festival in the Bahamas. It was held there for a reason and those who bought in got burned. Fast forward and FTX pulled the exact same stunt on a massive level. Should have just given that Nigerian prince your account number. He sounded just as legit.
Our conclusion
Guy knew exactly what he was doing. Straight to the offshore areas to escape accountability and commit fraud. Whole thing was a scam from the get go.
We are hearing that SBF’s parents bought 19 properties in the Bahamas for $121 million and get this the current CEO of FTX is apparently earning $10,000 an hour basically $300 K a month more than $3 million a year. Meanwhile people have lost their life savings and Sam Bankman is still a free man. The world is a silly joke.
SBF accountant lived a step further than a mere country like the Bahamas he lived in the Metaverse
Sordid deets about the Bankman case