FTX Spent Its Crypto Money on Yachts, E-Sports and Margaritaville

It will be up to the courts to decide whether Sam Bankman-Fried, who’s been accused of orchestrating a multibillion-dollar fraud at the crypto exchange FTX, was a criminal or merely a poor businessman. SBF, whose story is the focus of a new podcast from Bloomberg and Wondery called Spellcaster, denies wrongdoing and is fighting the charges. What’s clear, beyond any reasonable doubt, is that he and his inner circle didn’t have the greatest taste. Here’s a partial list of where their money went….

Source: FTX Spent Its Crypto Money on Yachts, E-Sports and Margaritaville