Former FTX CEO Sam Bankman-Fried reportedly spent $2,500 on food - a day - in the Bahamas. He also owned a $40 million penthouse.

The crypto emperor might not have any clothes, but he would have hosted fancy dinner parties.

Bloomberg I Getty Images Sam Bankman-Fried.

Disgraced crypto exchange FTX, run by former crypto “white knight” Sam Bankman-Fried, filed for bankruptcy earlier this month amid concerns about a bank on the platform and billion dollar holes in its balance sheet.

He was ousted from the company after the bankruptcy filing as he continued to try to raise money to make it an alternative offer in the legal proceedings.

Either way, according to reports from Fox Business and New York magazine, Bankman-Fried and his staff lived a high-flying lifestyle in the Bahamas, including buying yachts and spending thousands of dollars on daily lunches. and not so concerned about cash flow, apparently.

FTX is based in the Bahamas (but reportedly never started building its supposed $60 million headquarters in the country). The Bahamas unit specifically filed for Chapter 15 bankruptcy in New York last week. It is also being studied in the country.

Related: FTX Owes About $3.1 Billion to Top 50 Creditors

FTX is also currently undergoing bankruptcy proceedings in Delaware, with a court hearing on Tuesday in which an attorney for FTX said "a significant amount of assets have been stolen or missing," according to the New York Times.< /p>

Bankman-Fried treated the company as his "personal fief," the attorney added.

In his first-day bankruptcy filing, John Ray III, who took over the company after the bankruptcy filing and is a known cleaner of the company's messes, wrote that "never in my career I have never seen such a complete failure of corporate controls."

Related: 'Complete Corporate Control Failure': FTX Firm Sues Sam Bankman-Fried in Bankruptcy Filing

FTX Group used “corporate funds” to “purchase homes and other personal items,” the filing adds. It emerged that Bankman-Fried and associates owned hundreds of millions of real estate in the country.

Reports offered more vivid images of luxury living leading up to the fall. Fox Business reported that Bankman-Fried would spend $2,500 a day at a posh New Providence Island restaurant, Cocoplum, per restaurant staff. Minimum restaurant entry is over $20.

In total, staff added that dining at the FTX office — and they apparently weren't the only restaurant doing this — would cost $10,000 a day, the outlet added.

The billionaire is also staying in a $40 million penthouse on the island. Basically, it's located in a plush community known as Albany Marina, where a one-night stay in the adjoining hotel costs around $3,000, per New York. You can't also not enter if you are not a member.

The outlet also noted that real estate agents in the area have benefited from lavish spending by FTX and related entities. "Real...