The disgraced ex-FTX CEO is in a tenth circle of hell.
According to new court documents filed in the ongoing FTX bankruptcy, the SBF-tied hedge fund Alameda Research has one particularly egregious debt: it owes Jimmy Buffet's Margaritaville over fifty thousand dollars.
It's another crazy twist in FTX's mess. The depth of both Alameda and FTX's mismanaged finances just keeps getting worse, or in this case, just that much more ridiculous.
We can't imagine how FTX could spend over $50k at a theme park. There is a bar tab. Are you talking about a weeks-long stay in the most expensive suite? A lot of the famous cheeseburgers from the man? The Paradise Island location has yacht- docking services.
We don't want to. The beachfront resort is Alameda's fourth largest creditor, according to a report. It's about a streaming service.
It's worth noting that Warren Buffet is a very wealthy man. We would be scared if we were Bankman- Fried. There was no jail time for the Parrotheads.
They are an intense crowd with a lot of retirement time on their hands. A lot of them are in the Bahamas already, and most of them have boats, too. If you cross their overlord you can run. The Parrothead Mafia has nothing to hide. They don't have a shirt, shoes or anything to lose.
FTX owes Jimmy Buffet's beach resort in the Bahamas more than five figures.
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