Sam Bankman-Fried's Companies' DoorDash Bill Reaches $400K+
TL;DR Summary
Court documents reveal that Sam Bankman-Fried's companies, FTX and Alameda Research, spent over $400,000 with DoorDash, with FTX US giving employees $200 of DoorDash food credit every day. The documents also show that Alameda Research spent nearly $600,000 at Jimmy Buffett's Margaritaville. Bankman-Fried's companies filed for bankruptcy after concerns about commingling of funds with its sister firm, Alameda, led to mass customer withdrawals. Bankman-Fried has been charged with 12 criminal counts, and lawyers handling the case say he used a $65 billion line of credit as his "personal piggy bank" to fund spending on real estate and political donations.
- Sam Bankman-Fried's companies racked up a $400,000 DoorDash bill, documents show, after reportedly giving staff $200 a day to spend on food deliveries Yahoo Finance
- Where did FTX customer money go? Firm says Bankman-Fried took $2.2 billion Ars Technica
- Sam Bankman-Fried's Companies Bought More Than $400,000 of DoorDash Delivery in Two Months Gizmodo
- Mansion Global Daily: Foreign Buyers Are Withdrawing From Turkey Mansion Global
- FTX's Margaritaville tab swells to $600K as it racked up a $400K DoorDash bill New York Post
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