Pros:
1. Experiencing the high life in the Bahamas was undoubtedly enjoyable for FTX staff.
2. The Bahamas has beautiful beaches and scenic views, making it an attractive location.
3. The collapse of FTX has brought attention to the country, which may result in financial support for its rebuilding efforts.
4. Living in the Bahamas could provide a unique cultural experience for FTX staff.
Cons:
1. The collapse of FTX has negatively impacted the reputation of both the exchange and the Bahamas.
2. FTX staff may have faced financial losses and uncertain job prospects as a result of the collapse.
3. Rebuilding a reputation takes time and effort, possibly affecting the economy and tourism industry in the Bahamas.
4. The enjoyment of living the high life in the Bahamas might have been short-lived due to the subsequent consequences.
context: https://www.wired.com/story/sam-bankman-fried-crypto-paradise-bahamas/
FTX staff once enjoyed a luxurious lifestyle in the Bahamas, but the exchange’s infamous downfall has left the country in dire need of reputation restoration.
