So much for effective altruism!
are now claiming that he actually did have a 52-foot yacht — it's starting to seem like s0-called "effective altruism"SBF used FTX money to support an incredibly lavish lifestyle for himself and those in his inner circle, spending upwards of $40 million on ultra-luxurious living arrangements, food, and hotels inSome $5.
Elsewhere, $3.6 million was dropped on rooms at the Bahamas' four-star Grand Hyatt, while $800,000 was spent at the five-star Rosewood hotel. Another $6.9 million was reportedly spent on "meals and entertainment," a rough $2.4 million of which was spent on catering services.
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