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Bankman-Fried's FTX, parents bought Bahamas property worth $121 million

Posted on 11/22/22 at 9:21 am
Posted by Bdiddy
Member since Jul 2021
233 posts
Posted on 11/22/22 at 9:21 am
LINK /

Do the Democrats protect their bagmen, or throw them under the bus?


The documents for another home with beach access in Old Fort Bay -- a gated community that was once home to a British colonial fort built in the 1700s to protect against pirates -- show Bankman-Fried's parents, Stanford University law professors Joseph Bankman and Barbara Fried, as signatories. The property, one of the documents dated June 15 said, is for use as a "vacation home."

When asked by Reuters why the couple decided to buy a vacation home in the Bahamas and how it was paid for -- whether in cash, with a mortgage or by a third party such as FTX -- a spokesman for the professors said only that Bankman and Fried had been trying to return the property to FTX.
Posted by member12
Bob's Country Bunker
Member since May 2008
32095 posts
Posted on 11/22/22 at 9:22 am to
The federal government will investigate Twitter, everyone who ever met Trump, and Ticketmaster before they look into FTX.
Posted by Trout Bandit
Baton Rouge, LA
Member since Dec 2012
13253 posts
Posted on 11/22/22 at 9:22 am to
Posted by Bourre
Da Parish
Member since Nov 2012
20267 posts
Posted on 11/22/22 at 9:30 am to
So professors make enough to buy $121 million vacation homes? No wonder college tuition is so expensive
Posted by secfballfan
Member since Feb 2016
2901 posts
Posted on 11/22/22 at 9:31 am to
The guy is a total scumbag and should go away forever, but FTX execs also gave A LOT of $ to Republicans, it was all about buying power, not just deomocrats, who I disagree with about 99% of the time, but this is not just about Democrats.

D's got $60M and R's about $45M according to Coldfusion podcast
Posted by luvdoc
"Please Ignore Our Yelp Reviews"
Member since May 2005
919 posts
Posted on 11/22/22 at 9:33 am to
"Republicans"
Posted by Sterling Archer
Austin
Member since Aug 2012
7310 posts
Posted on 11/22/22 at 9:35 am to
So they
quote:

bought at least 19 properties worth nearly $121 million


The title reads as if they bought a $121M property. Still a lot of money but different
Posted by TDTOM
Member since Jan 2021
14460 posts
Posted on 11/22/22 at 9:37 am to
quote:

bought at least 19 properties worth nearly $121 million



That is what I had heard. They bought a bunch of condos in Albany resort when they moved the company there.
Posted by Bdiddy
Member since Jul 2021
233 posts
Posted on 11/22/22 at 9:37 am to
Hopefully, one day you will get your hands on that elusive straw.

"Barbara Fried leads Mind the Gap, a secretive organization that funnels massive amounts of money to Democratic campaigns, according to Influence Watch"

The FTX CEO’s family — which consists of his parents, Joseph Bankman and Barbara Fried, and brother Gabe Bankman-Fried — has contributed hundreds of thousands of dollars to Democratic candidates and actively worked with left-wing organizations committed to supporting Democrats. The four appear to have had subtle influence on the Democratic establishment for the better part of a decade.
Posted by Cosmo
glassman's guest house
Member since Oct 2003
120262 posts
Posted on 11/22/22 at 9:38 am to
quote:

FTX execs also gave A LOT of $ to Republicans


Cuck RINOs like Cassidy yea
Posted by BAMBAM
Biloxi, MS
Member since Mar 2008
2364 posts
Posted on 11/22/22 at 9:44 am to
At this point I’m just paying attention to 1- figure out how many scum bags in the gov were paid off

2-waiting for these fall guys to start turning up in ditches - you know some of them will be straight up fall guys but some of them actually are guilty and know some shite

3- I wouldn’t be surprised if some bad hombres are pissed they got their money stolen so that’s an option #2 to start the death pool
Posted by GetBackToWork
Member since Dec 2007
6254 posts
Posted on 11/22/22 at 10:08 am to
quote:

a gated community that was once home to a British colonial fort built in the 1700s to protect against pirates



Oh the irony. The pirates now reside inside the gates.
Posted by Klondikekajun
Member since Jun 2020
1283 posts
Posted on 11/22/22 at 10:24 am to
Yet nobody is pushing the scumbag politicians on returning the fraudulently obtained money…

One guy asked Maxine Waters but was summarily dismissed.

Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30060 posts
Posted on 11/22/22 at 10:30 am to
Posted by tigerfan 64
in the LP
Member since Sep 2016
3788 posts
Posted on 11/22/22 at 11:49 am to
quote:

So professors make enough to buy $121 million vacation homes? No wonder college tuition is so expensive

And snotty grads want others to pay their student loans.
The wise decision would be to reverse the policies that are driving up tuition costs.
Posted by concrete_tiger
Member since May 2020
5991 posts
Posted on 11/22/22 at 11:56 am to
I'm thinking about hyphenating my kids' names.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
260404 posts
Posted on 11/22/22 at 11:58 am to
quote:

Stanford University law professors Joseph Bankman and Barbara Fried


Imagine the smugness and arrogance from these two.

They're probably treated like royalty, they hit every box on the list except gayness, and thats probably in there somewhere.
Posted by MyRockstarComplex
The airport
Member since Nov 2009
3307 posts
Posted on 11/22/22 at 12:02 pm to
YouTube: Earn to Give
This post was edited on 11/22/22 at 12:03 pm
Posted by HoustonGumbeauxGuy
Member since Jul 2011
29506 posts
Posted on 11/22/22 at 12:06 pm to
quote:

Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.

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.


This is incredible. So deliberate with "IDGAF" intent.

Can you imagine being an investor who gave cash to these buffoons and reading a headline like what's above?





This post was edited on 11/22/22 at 12:08 pm
Posted by BRgetthenet
Member since Oct 2011
117698 posts
Posted on 11/22/22 at 12:08 pm to
quote:

I'm thinking about hyphenating my kids' names.



Gotta be Jewish, dawg
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