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The Bahamas , Monday 01 June 2026

How Sam Bankman-Fried Sold The Bahamas An Empty Crypto Dream

Published on: Tuesday 22 November 2022

How Sam Bankman-Fried Sold The Bahamas An Empty Crypto Dream The FTX founder blew into the island nation with promises of prosperity and philanthropy. After he allegedly oversaw the use of customer deposits to fuel risky crypto trading, Bankman-Fried’s empire collapsed — and Bahamians are reeling from yet another scandal.



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