FTX lobbyist tried to purchase island Nauru, create superspecies: lawsuit

Sam Bankman-Fried’s youthful brother, who was a prime lobbyist for failed crypto change FTX, thought of buying the island nation of Nauru within the Pacific to create a fortified apocalypse bunker state, a lawsuit filed in Delaware chapter courtroom reveals.

Gabe Bankman-Fried was wanting to buy Nauru within the “occasion the place 50%-99.99% of individuals die” to guard his philanthropic allies and create a genetically enhanced human species, in keeping with the swimsuit filed Thursday by attorneys from Sullivan & Cromwell, which is searching for to get better billions of {dollars} following the collapse of FTX.

Bunker life is a well-documented fixation amongst tech billionaires, notably those that determine as doomsday preppers. There’s additionally a fascination with shopping for giant estates within the Pacific and even owning small islands there.

In his years operating FTX, the elder Bankman-Fried brother touted a philanthropic way of life referred to as effective altruism and established the philanthropic arm with that in thoughts. Devotees of efficient altruism work to maximise their earnings to allow them to give away their cash in a style they see as most useful to humankind.

Gabe Bankman-Fried was FTX’s most seen presence in Washington, D.C., and was related to bipartisan charitable donations that bumped into the a whole bunch of tens of millions. Together with an unnamed philanthropic officer of FTX, he thought of shopping for Nauru, partially to foster “wise regulation round human genetic enhancement, and construct a lab there.”

A consultant for Nauru confirmed the island nation was not and has by no means been on the market.

Nauru, with a inhabitants of about 12,000, is slightly over 2,100 miles away from Brisbane, Australia. It was there that FTX attorneys allege the Bankman-Fried workforce sought to ascertain an emergency base for itself and a choose group of “EAs,” or efficient altruists.

Along with serving as a haven in case of apocalypse, “most likely there are different issues it is helpful to do with a sovereign nation, too,” in keeping with a memo between the youthful Bankman-Fried and the philanthropic advisor, which was famous within the swimsuit.

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