Did Bankman-fried use FTX's customer funds to invest in Alameda research?

Now, Modulo is emerging as a crucial part of the investigation by federal prosecutors into Mr. Bankman-Fried and his once giant cryptocurrency exchange. They’re examining whether he used FTX’s customer funds to invest in the little-known firm when his existing hedge fund, Alameda Research, was struggling amid a wider crypto industry downturn.

How much did FTX spend on property in the Bahamas?

FTX, several of the exchange's senior executives, and Sam Bankman-Fried's parents collectively spent$121 million on properties in The Bahamas from 2021 through 2022, according to property records seen by Reuters.

Did Caroline Ellison blame Sam Bankman-fried for FTX's implosion?

She also delved into her romantic relationship with Mr. Bankman-Fried. In testimony on Tuesday, Caroline Ellison, the former chief executive of Alameda Research, repeatedly blamed Sam Bankman-Fried for crimes that led to FTX’s implosion.

Did FTX buy Bankman-Fried's 'Vacation Home'?

FTX Property Holdings Ltd, an arm of FTX, purchased most of the properties “for key personnel” of the collapsed exchange, but the documents also reveal that Bankman-Fried’s parents are listed as signatories on a beachside “vacation home.” A spokesperson for Bankman and Fried reportedly said that the pair had tried to return the property to FTX.