Sam Bankman-Fried's $222M Bahamas real estate holdings to go on the market

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FTX will soon put Bahamas properties tied to Sam Bankman-Fried up for sale, according to a Thursday report from Realtor.com.

FTX will reportedly soon put Bahamas properties tied to Sam Bankman-Fried up for sale. The bankrupt cryptocurrency exchange could start its effort of offloading the portfolio in the Caribbean nation as soon as April, when certain pieces of real estate are expected to appear on the market, Realtor.com reported Thursday. The number of properties that FTX is looking to sell totals roughly three dozen, according to the real estate-focused site.

His sentencing came nearly five months after a jury had found him guilty of wire fraud, conspiracy to commit wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud and one count of conspiracy to commit money laundering.

 

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