Sam Bankman-Fried’s Island Haven Is Drawing Scrutiny After FTX Demise

  • Bahamas embraced the prestige brought by the crypto empire
  • Regulator says it took control of some assets for safekeeping
Land associated with FTX on West Bay Street remains unused in New Providence.Photographer: Dante Carrer/Bloomberg
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Sam 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.