FTX allegedly owned $256 million of properties in the Bahamas, including 15 condos in the same building, Business Insider reported Tuesday, citing court documents previously filed on Monday.
According to the documents, FTX owned 35 properties, and among them was the Albany Resort, where Sam Bankman-Fried (SBF), former CEO of the FTX cryptocurrency exchange, resided in a $30 million penthouse until his detention Monday night.
Previously, Bahamian authorities announced that SBF was arrested at the request of the United States government. Bahamas Prime Minister Philip Davis later added Nassau will conduct its own "regulatory and criminal investigations into the collapse of FTX."
