FTX ready to sell Bahamas penthouse SBF 'insisted' on buying for inner circle
Bankrupt crypto exchange FTX has asked a US court if it can sell its portfolio of luxury real estate in the Bahamas, including Sam Bankman-Fried’s $40 million penthouse, as the firm seeks to liquidate assets and pay back investors. Orchid Penthouse housed the former CEO and his inner circle, many of whom went on to testify against Bankman-Fried in court. According to Nishad Singh’s testimony, no expense was spared for the headquarters because “Sam’s a fan of the views.” During their hayday, FTX and Alameda Research execs would live, work, and date under one roof. The over-12,000 square foot apartment’s marble surfaces were littered with cables, computer rigs, and pharmaceuticals, while its fridges were stocked with microwave meals flown in from the US. Sam Bankman-Fried’s most famous photo was even taken on Orchid Penthouse’s lush grounds. Photos of the FTX office/home at Orchid Penthouse, featuring stunning views and a Harry Pot...