racked, delivery, doordash,

FTX racked up a $400,000 DoorDash bill, gave staff $200 a day to spend on food deliveries

Mar 17, 2023 · 1 min read · 63 points
FTX racked up a $400,000 DoorDash bill, gave staff $200 a day to spend on food deliveries
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Sam Bankman-Fried’s companies also spent nearly $600,000 at Jimmy Buffett’s Margaritaville, over 10-times what previous court filings suggested.

Highlights

  • Court documents show Sam Bankman-Fried’s companies spent $400,000 with DoorDash.
  • FTX US gave employees $200 of DoorDash food credit every day, court documents show.
  • Alameda Research spent nearly $600,000 at Jimmy Buffett’s Margaritaville, over 10-times what previous court filings suggested.
  • The company also owes $599,409 from the hedge fund which owns FTX and its sister firm, Alameda, which is now in the process of filing bankruptcy court papers.
  • Both FTX’s debtors and a spokesperson for the company and the resort did not respond to requests for comment from Business Insider.

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