FTX has repossessed $222M worth of Bahamas properties from Bankman-Fried to repay creditors, including defrauded customers claiming $16B.
Bankman-Fried allegedly used billions in client funds to fund his lifestyle, political donations, and luxury real estate acquisitions for FTX associates.
Luxury real estate specialist predicts strong demand for Bankman-Fried's Bahamas properties, expecting no discounts in the upcoming sales.
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