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Bankman-Fried's FTX, parents bought Bahamas property worth $121M (reuters.com)
30 points by mfiguiere on Nov 22, 2022 | hide | past | favorite | 6 comments



This is just what Reuters could find by searching the Bahamas property registrar for FTX, Bankman, Fried, and the names of a few top execs. Imagine how much real estate is held in the name of various shell entities. Imagine how much is held in bank accounts and securities accounts. Imagine how much is held outside of the Bahamas.


"Since before the bankruptcy proceedings, Mr. Bankman and Ms. Fried have been seeking to return the deed to the company and are awaiting further instructions,"

Why would you want to do that?


"Holy shit, our son isn't a wunderkind, he's a gigantic fraud" might be a good reason.


Because you want to avoid prison?


So "without admitting any kind of guilt, I hereby return these pieces of real estate". Does that work?


"I did not knowingly profit from crime" might work?




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