• Home
  • Live Crypto Price
  • Contact
No Result
View All Result
  • Home
  • Live Crypto Price
  • Contact
No Result
View All Result
No Result
View All Result
Home Cryptocurrency

Prospects Don’t Look so Hot for Sam Bankman-Fried’s Invitation-Only Crypto Bahamas Event – Bitcoin News

Jamie Redman by Jamie Redman
November 25, 2022
in Cryptocurrency
0 0
0
Prospects Don’t Look so Hot for Sam Bankman-Fried’s Invitation-Only Crypto Bahamas Event – Bitcoin News
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Following the FTX collapse and amid the aftermath, people have been wondering about the company’s Crypto Bahamas conference that was scheduled to happen on April 17-20, 2023, at the exclusive Grand Hyatt Baha Mar, in Nassau. The event planned for April 2023 was supposed to be hosted by the now-bankrupt FTX and the Skybridge Capital-backed Salt conference promoters.

FTX’s Invitation-Only Island Event Looks Like a Wash

While we know that the former FTX CEO Sam Bankman-Fried (SBF) plans to speak at the New York Times (NYT) Dealbook summit, people are curious about the upcoming Crypto Bahamas conference. 2022’s inaugural Crypto Bahamas conference was hosted in Nassau and the event hosted a litany of well known speakers including former U.S. president Bill Clinton.

Other 2022 speakers included the former prime minister of the United Kingdom, Tony Blair, seven-time Super Bowl Champion and co-founder of Autograph, Tom Brady, and the prime minister of the Bahamas Philip “Brave” Davis. 2023’s event is likely to be a wash, but with the current events surrounding the now-defunct exchange, you never can tell.

2022’s Crypto Bahamas conference.

For instance, Andrew Ross Sorkin confirmed he was speaking with SBF at NYT’s Dealbook summit, and the new FTX CEO recently explained to the bankruptcy court that some of the company’s business assets may be salvageable. As far as the Crypto Bahamas conference is concerned, the Skybridge Capital-backed Salt is listed to co-host the forum.

Just before the FTX collapse and the following Chapter 11 bankruptcy filing, Salt’s events page highlighted the Crypto Bahamas 2023 conference on the website. At the time of writing, on Nov. 25, 2022, the event is still hosted on Salt’s events page and it links to the Crypto Bahamas web portal. True to SBF’s secretive inner circle lifestyle and his mysterious dealings, Crypto Bahamas 2022 was an invitation-only event that saw 2,000 attendees.

While SBF’s exclusive 2023 Crypto Bahamas event will likely be canceled, the Wall Street Journal reported on Nov. 25, 2022, that “FTX’s collapse has left many islanders feeling frustrated.” The Bahamas prime minister Philip Davis appeared with FTX executives when the company purchased a sprawling portion of land on the island, which is now in the hands of provisional liquidators.

While you can only inquire with Salt about the 2023 event right now, 2022 ticket prices ranged between $3K to $5K per event attendee. In May, the financial news publication Business Insider called the event a “$614-a-night affair.”

Anthony Scaramucci told Business Insider (BI) last May that FTX executives said they wanted to get into the conference industry with his firm. “In our debrief with our sponsors, the FTX guys wanted us to consider them getting a little bit deeper into the conference business with us,” Scaramucci said at the time.

The Skybridge executive also noted that the 2022 event was supposed to be smaller than the more than 2,000 people that ended up attending Crypto Bahamas 2022. “Frankly, we had to start turning people away,” Scaramucci explained in his May interview with BI.

“It’s an island. So we had a certain amount of food that we ordered, we ordered a certain amount of refreshments and things like that. So we just said, ‘Look, I’m sorry, you can’t come,’” Scaramucci added. Other Crypto Bahamas 2022 sponsors included the Solana Foundation, Galaxy Digital, Elliptic, Ripple, Blockfi, and Google Cloud.

Salt just wrapped up the Salt iConnections Asia 2022 event at the exclusive Marina Bay Sands hotel in Singapore.

Tags in this story
2000 attendees, Andrew Ross Sorkin, Anthony Scaramucci, Bankrupt FTX, Bill Clinton, Blockfi, Crypto Bahamas, Crypto Bahamas conference, Elliptic, FTX collapse, Galaxy Digital, Google Cloud, mysterious dealings, NYT Dealbook, NYT Dealbook Summit, Philip “Brave” Davis, Ripple, Sam Bankman-Fried, sbf, Solana Foundation, Tom Brady, Tony Blair

What do you think about the Crypto Bahamas conference? Do you think that the event will likely be canceled now that FTX has filed for bankruptcy protection? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.




Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

More Popular News

In Case You Missed It





Source link

Previous Post

Lighting Network Makes Bitcoin Scalable – Bitcoin Magazine

Next Post

Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem – Economics Bitcoin News

Jamie Redman

Jamie Redman

Next Post
Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem – Economics Bitcoin News

Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem – Economics Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

Pantera Capital CEO: Bitcoin (BTC) Could Hit $115k after Halving

May 5, 2022
BOLT12, LNURL And Bitcoin Lightning

BOLT12, LNURL And Bitcoin Lightning

June 20, 2022
Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review – The Weekly Bitcoin News

Jack Dorsey Muses on Social Media ‘Takeover,’ Ethereum Weaknesses; Plus the Latest in Crypto Mining — Bitcoin.com News Week in Review – The Weekly Bitcoin News

April 24, 2022
Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC

Luna Foundation Acquires An Additional 37.8k Bitcoin Worth $1.5B, Bringing its Total Holdings to 80,394 BTC

May 6, 2022
Bitcoin Is Our Weapon In The War Of Ideas

Bitcoin Is Our Weapon In The War Of Ideas

0
Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

Allianz Chief Economic Advisor Predicts Bitcoin Going Higher Amid Inflation

0
Insurance Considerations For Bitcoin Miners

Insurance Considerations For Bitcoin Miners

0
Becoming A Sovereign Individual With Bitcoin

Becoming A Sovereign Individual With Bitcoin

0
Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

February 5, 2023
Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

February 4, 2023
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

February 3, 2023
CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

February 2, 2023

Recommended

Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

Russia’s Largest Private Bank Launches Digital Asset Platform – Finance Bitcoin News

February 5, 2023
Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

Reduced To Penny Stocks In 2022, Public Bitcoin Miners Are Primed To Come Back

February 4, 2023
Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

Sberbank Set to Launch Decentralized Finance Platform Based on Ethereum – Defi Bitcoin News

February 3, 2023
CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December

February 2, 2023

About Us

We bring you the latest bitcoin news from all over the internet

Categories

  • Cryptocurrency
  • Latest
No Result
View All Result
  • Home
  • Live Crypto Price
  • Contact

© 2022 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In