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Bitcoin.com 2023-09-04 06:30:56

Samuel Trabucco’s Multi-Million Dollar Yacht Spotlighted in FTX’s Financial Records

The FTX debtors filed a bankruptcy court document detailing lavish cash transfers and purchases by former CEO Sam Bankman-Fried and other company insiders. The section titled “Statement of Financial Affairs for Non-Individuals Filing for Bankruptcy” shows that Bankman-Fried reportedly received more than $1 billion in cash transfers in the year before FTX’s collapse. FTX Bankruptcy

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