Following the court filing that shows FTX co-founder Sam Bankman-Fried (SBF) wants access to FTX’s $460 million in Robinhood shares, Delaware bankruptcy court documents show tens of millions were spent by the FTX team in 2022 on living accommodations, hotels, food, and flights. Moreover, SBF’s quantitative trading firm allegedly owes more than $55,000 to Jimmy Buffett’s beach resort, Margaritaville, after Alameda and FTX executives occupied 20 suites for a few months last year.
New Court Filings Detail Lavish Spending by FTX Co-Founder and Executives
With every court filing published, it seems that FTX co-founder Sam Bankman-Fried’s (SBF) so-called “effective altruism” wasn’t a top priority during the last nine months. On Jan. 8, 2023, Bitcoin.com News reported on SBF telling the court he needed access to the $460 million in Robinhood shares to “pay for his criminal defense.” Furthermore, the former FTX CEO explained that customers “face only the possibility of econ
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