US, Bahamas in tug-of-war over FTX’s $256M real estate portfolio after Bankman-Fried arrest

The Bahamas wants the US government to give back 35 different properties that are valued at more than $256 million that were purchased by Sam Bankman-Fried’s cryptocurrency exchange FTX before it filed for Chapter 11 bankruptcy protection last month. Attorneys representing the Bahamian government told a federal bankruptcy judge in Delaware that Bankman-Fried and Ryan…

Disgraced FTX founder Sam Bankman-Fried busted in Bahamas, charged with defrauding investors out of $1.8B

Accused crypto crook Sam Bankman-Fried has been busted in the Bahamas — accused of “massive, years-long fraud” that defrauded investors out of $1.8 billion through “a house of cards” built “on a foundation of deception.” The fallen 30-year-old FTX mogul was arrested Monday night after the Bahamian government received formal notification from the US of…