FTX spent $40M on meals, flights, and motels in simply 9 months: Courtroom filings By Cointelegraph

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FTX’s Bahamian firm spent a staggering sum of money on luxurious motels and lodging, flights, and meals simply 9 months earlier than the alternate’s collapse, courtroom filings revealed.

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In chapter courtroom paperwork reviewed by Enterprise Insider, FTX Digital Markets went via $40 million between January to September 2022, simply two months earlier than the corporate filed for chapter citing liquidity points.