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- [Narrator] This was the scene six months ago in The Bahamas. That person in shorts is, of course, FTX founder Sam Bankman-Fried, otherwise as known as SBF. Heamp;#39;s seen here with Bahamian Prime Minister Philip Davis, breaking ground at the site set for FTXsamp;#39; global headquarters. - The arrival and presence of FTX underscores the readiness of The Bahamas to be a home for global leaders in the crypto space. - [Narrator] But now that land sits empty. The celebrated project abandoned. So what made The Bahamas so appealing to FTX in the first place? And what will happen to the nationamp;#39;s crypto hub status now that its biggest player has collapsed? - The relationship between FTX and The Bahamas, itamp;#39;s been interesting to watch. - [Narrator] WSJamp;#39;s Angel Au-Yeung went to Nassau to cover the fall of FTX. - Obviously, the Bahamian government wanted companies like FTX to come to The Bahamas. - [Narrator] And so it went about courting these companies. It was the