FTX former CEO Sam Bankman-Fried's Bahamas penthouse on sale for $54m

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Crypto exchange FTX International, its affiliates like FTX US and its trading firm, Alameda Research, have been in the news over the past few weeks. Founded in 2019, FTX was a leading cryptocurrency exchange besides Binance and Coinbase, but has since gone insolvent for alleged misuse of its customers’ and investors’ funds to the tune of USD8-10 billion. Just hours...

Crypto exchange FTX International, its affiliates like FTX US and its trading firm, Alameda Research, have been in the news over the past few weeks.

It is no understatement that there are many unhappy Singaporeans whose funds in FTX are locked out . Most of them are unable to withdraw their investments from these platforms., or a 1per cent stake, in FTX, alongside other investment firms like Sequoia Capital, Softbank and many more. Designed by Morris Ajmi Architects, the Orchid sits overlooking the Albany Marina and the Atlantic Ocean. The Penthouse in Orchid is the cornerstone of the development as it has a sumptuous master bedroom suite with his and her bathrooms, walk-in closets and a private balcony with a lounge area and spa.

 

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