Sam Bankman-Fried Penthouse Bahamas On Sale – Where Is Sam Bankman-Fried Today? Nassau, Bahamas — FTX founder Sam Bankman-Fried has put his Bahamas penthouse up for sale for about $40 million after he lost billions in net worth amid the collapse of his crypto exchange.
A real estate broker for the 12,000-square feet, five-bedroom residence in the luxury Albany resort said Monday the penthouse was put up for sale in the last week but declined to name the owner. People close to current and former FTX employees who have been at the residence confirmed it is Bankman-Fried’s place.
He and other senior colleagues at FTX live and work in the penthouse, which includes a private elevator, his and her bathrooms, a spa, and pool, according to the listing. The residence also overlooks the Atlantic Ocean, has Italian marble accents throughout, and German-engineered doors and windows.
FTX, one of the world’s largest crypto exchanges, filed for bankruptcy on Friday while Bankman-Fried, an investor in Semafor, resigned as CEO. Bankman-Fried didn’t respond to a request for comment.
Autism Capital, which describes itself as citizen journalism in crypto, first tweeted about the sale on Sunday.
Bankman-Fried has been looking to liquidate different holdings in recent days. The Financial Times reported that he was shopping his large stake in publicly-traded brokerage Robinhood, worth about $472 million at the time, for a 20% discount at the end of last week.
Where Does Sam Bankman-Fried Live?
Bankman-Fried is vegan. As of mid-2021, he lived in a penthouse in the Bahamas with about ten roommates. His current house, however, is unknown and will be updated immediately known.
Sam Bankman-Fried Penthouse Bahamas On Sale – Where Is He Now?
Bankman-Fried went to work for Jane Street Capital, a Wall Street investment firm, after graduating in 2014. Three years later, he left to start his own crypto-focused trading firm, Alameda Research, before launching FTX in 2019.
His current location is at his home in the Bahamas. Although the house has been listed for sale, it has yet to be determined whether or not he has moved out. Last fall, he relocated his fledgling empire from Hong Kong to the Bahamas.
Sam Bankman-Fried Penthouse Bahamas On Sale – Who is FTX owned by?
Bankman-Fried founded FTX in 2019, and it grew rapidly — it was recently valued at $32 billion. The son of Stanford University professors, who was known to play the video game “League of Legends” during meetings, Bankman-Fried attracted investments from the highest echelons of Silicon Valley.
Is FTX a Chinese company?
FTX is a Bahamas based cryptocurrency exchange. FTX is incorporated in Antigua and Barbuda and headquartered in The Bahamas. The exchange was founded in 2019 and as of February 2022 had over one million users. FTX also operated FTX.US, a separate exchange available to US residents.
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