And they all lived together atÂAlbany, Bahamas, home to the swanky $40 million digsÂused by cryptocurrency giant FTX — Âthe $15 billion company that went recently belly up amid allegations of fraud and mismanagement — according to accounts of staffers who lived and worked there. Led by disgraced CEO and co-founder Sam Bankman-Fried, a 30-year-old Californian known as SBF, the group pulled all-nighters while high on amphetamines at their retreat — which boasted six bedrooms, two elevators, manicured grounds, a golf course and a boat basin packed with super yachts.
“The feeling was that they were treating Albany like a frat house,” a well-heeled Bahamian local told The Post…..
“Stimulants when you wake up, sleeping pills if you need them when you sleep” — that was the formula for FTX’s success, according to a tweet from Bankman-Fried….
“He gave money for this, money for that,” a restaurateur in Nassau told The Post. “I don’t know if he is a great fellow with bad management.” Asked what the Albany locals are saying about the implosion of FTX, the high-society source responded: “Nothing. They’re embarrassed.”
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