FTX spent $40 million on luxury items in a single month before filing bankruptcy

January 9, 2023Story by Jai PratapFTX spent more than $40 million on hotels, accommodation, flights, and food between January and September 2022, according to court filings. $5.8 million was spent at the Albany Hotel. Over $500,000 was spent for postage and delivery. FTX entered into an exclusive agreement with the airline to fly all orders.