According to BlockBeats, on June 27, The Block reported that according to the second report released by FTX debtors on Monday, real estate spending in the Bahamas exceeded $243 million. SBF spent millions of mixed customer funds in two years to buy properties for employees and their friends and families. Including a six-bedroom, 11,500-square-foot penthouse in the Albany resort community, where FTX founders and team members Caroline Ellison, Nishad Singh and Gary Wang live. The purchase of a property called the "Albany Beehive" unit cost more than $18 million, and the "Old Fort Bay A Plot" cost more than $16 million.