Bankman-Fried's $30M Bahamas Penthouse Is Hitting the Market

What You Need To Know

• Unlike FTX's massive crypto bet, which has roared back in a huge stroke of market luck, its real estate play may struggle to break even.
• In the run-up to the firm's collapse, former FTX CEO Ryan Salame and other lieutenants spent $255 million on 52 condos, offices and plots of land on New Providence Island.
• Everyone at FTX seemed to want a piece of a gated area for the super rich with residents-only pools, racquetball courts and private restaurants.