FTX filing shows company bought yacht for former co-CEO Sam Trabucco

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

The filings also revealed over $900 million in payments to Sam Bankman-Fried and $3.5 million for his ex-girlfriend Caroline Ellison.

A recent filing from FTX’s Debtors shows company funds were used on internal cash payments to executives as well as direct transfers to the American Yacht Group.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.

The list also showed a $2.5 million payout to the American Yacht Group for ex-Alameda co-CEO Samuel Trabucco.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines