An anonymous reader shared this report from CNBC:
Sam Bankman-Fried’s younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker state, a lawsuit filed in Delaware bankruptcy court shows.
Gabe Bankman-Fried was looking at buying Nauru in the “event where 50%-99.99% of people die” to protect his philanthropic allies and create a genetically enhanced human species, according to the suit filed Thursday by attorneys from Sullivan & Cromwell, which is seeking to recover billions of dollars following the collapse of FTX… Along with an unnamed philanthropic officer of FTX, Gabe Bankman-Fried considered buying Nauru, in part to foster “sensible regulation around human genetic enhancement, and build a lab there….”
In addition to serving as a haven in case of apocalypse, “probably there are other things it’s useful to do with a sovereign country, too,” according to a memo between the younger Bankman-Fried and the philanthropic advisor, which was noted in the suit.
“A representative for Nauru confirmed the island nation was not and has never been for sale.”
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