This is of course complicated by the fact that much of the capital has already been spent – like at Vox’s Future Perfect project, a recipient of funds from Sam and his brother Gabriel’s nonprofit Building a Stronger Future. Unlike, say, The Block’s former CEO Mike McCaffrey, who was essentially bribed with “loans” to fund the outfit and buy real estate, Vox cannot just liquidate an ill-gotten Bahamian apartment. Future Perfect’s reporting was paid for and published (and a lot of it is great). The project is on pause, but perhaps Vox can redirect a portion of advertising dollars to the bankruptcy estate.
Anyone Who Took Money From FTX Ought to Repay It
Written by Bankerage Published on January 6, 2023