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FTX not broke as speculated, still spending hugely on flights and other personal expenses

Sam Bankman-Fried, the Co-founder of the FTX crypto trading platform who went broke within just a few hours may not be as broke as speculated in the media after all.

Despite his detention in the Bahamas, the family could also afford a huge bail amount of $250 million. Not only this, Sam Bankman-Fried still spends hugely on personal expenses and household needs too.

Following the publication of images showing him in an American Airlines lounge and a business class seat after his $250 million bond was released.

Photos show the alleged con artist Bankman-Fried unwinding in the American Airlines Flagship lounge at JFK and later sitting in a business class seat on an AA trip sans shoes.

The person shooting the lounge photos claimed that when they asked Bankman-Fried whether they may take a photograph, she allegedly responded, “Maybe not today.”

The images, which were shared on social media on Friday, feature two shots of him in the lounge with his parents, the FBI, and lawyers, according to the caption.

Despite his unassuming appearance, the troubled banker, who claims to only have $100,000, took advantage of the opulent lounge’s local chef, specialized cocktail bar, shower rooms, wine table, and attentive service.

The 30-year-old is visible in photos taken from his business class seat on an American Airlines flight, sporting a black beanie and a cup of what looks to be orange juice.

On his journey back to his parents’ Palo Alto home, the FTX founder, who is known for his casual attire, was clearly ready to unwind as he took off his shoes and spoke to the guy sitting next to him.

Grace Owell

Written by Grace Owell

Grace Owell is an expert freelance writer from Texas, United States of America. Her expertise measures solely on personal finance and health articles. She currently writes for newsway.com.ng

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