Where did Sam Bankman-fried start FTX?

Before his FTX crypto exchange imploded and he went on trial for fraud, Mr. Bankman-Fried ran a global business empire spanning Berkeley, Calif., Hong Kong and the Bahamas. The road in front of the lot in Nassau, Bahamas, where Sam Bankman-Fried, the founder of FTX, planned to build the company’s headquarters. Marco Bello for The New York Times

Why did s AM Bankman-fried live in the Bahamas?

S am Bankman-Fried loved living in the Bahamas. Shacked up in his luxury penthouse with nine FTX colleagues, he could wander Nassau without being hassled. And the Bahamas loved Bankman-Fried, the prestige of his crypto empire and the potential fortunes that it would bring.

Was FTX a 'personal fiefdom' of Bankman-fried?

Separately, attorneys for FTX said on Tuesday that one of the company's units spent $300 million in the Bahamas buying homes and vacation properties for its senior staff, and that FTX was run as a "personal fiefdom" of Bankman-Fried. No further details were given. read more

Who is John Bankman-fried?

He has pleaded not guilty to all seven charges, including fraud and conspiracy to commit money laundering. Bankman-Fried founded FTX in 2019 in Hong Kong, relocating to a more friendly regulatory environment, The Bahamas, two years later.