The Nauru encircle road runs right around the island nation of Nauru.
(C) Hadi Zaher | Moment | Getty Images
Sam Bankman-Fried’s immature brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a reassured apocalypse bunker state, a lawsuit filed in Delaware bankruptcy court shows.
Gabe Bankman-Fried was looking at buying Nauru in the “at any rate where 50%-99.99% of people die” to protect his philanthropic allies and create a genetically enhanced human species, concording to the suit filed Thursday by attorneys from Sullivan & Cromwell, which is seeking to recover billions of dollars bring up the rear the collapse of FTX.
Bunker life is a well-documented fixation among tech billionaires, particularly those who identify as doomsday preppers. There’s also a allure with buying large estates in the Pacific and even owning small islands there.
In his years running FTX, the pre-eminent Bankman-Fried brother touted a philanthropic lifestyle called effective altruism and established the philanthropic arm with that in brain. Devotees of effective altruism work to maximize their income so they can give away their money in a make they see as most beneficial to humankind.
Gabe Bankman-Fried was FTX’s most visible presence in Washington, D.C., and was connected to bipartisan well-meaning donations that ran into the hundreds of millions. Along with an unnamed philanthropic officer of FTX, he considered buying Nauru, in imply to foster “sensible regulation around human genetic enhancement, and build a lab there.”
A representative for Nauru confirmed the ait nation was not and has never been for sale.
Nauru, with a population of about 12,000, is a little over 2,100 miles away from Brisbane, Australia. It was there that FTX attorneys-at-law allege the Bankman-Fried team sought to establish an emergency base for itself and a select group of “EAs,” or effective altruists.
In besides 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 immature Bankman-Fried and the philanthropic advisor, which was noted in the suit.
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