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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. Hes seen here with Bahamian Prime Minister Philip Davis, breaking ground at the site set for FTXs 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 nations crypto hub status now that its biggest player has collapsed? - The relationship between FTX and The Bahamas, its been interesting to watch. - [Narrator] WSJs 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 first to issue its national currency in
