Prime Minister Philip Davis said yesterday that the collapse of Bahamas-headquartered FTX will not impact The Bahamas’ real estate market despite the $300 million worth of property reportedly bought by the bankrupt cryptocurrency giant. The prime minister also revealed that local authorities have interviewed FTX’s former CEO, Sam Bankman-Fried. During the first-day hearing for FTX’s Chapter 11 bankruptcy
Bahamas-headquartered FTX, its former CEO Sam Bankman-Fried and other company associates spent more than $130 million on real estate in The Bahamas since 2020, according to documents. This is what The Nassau Guardian has been able to track so far, the number is likely higher with US court filings indicating as much as $300 million in property was