FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says

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

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

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

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

Gabe Bankman-Fried was FTX’s most seen presence in Washington, D.C., and was linked to bipartisan charitable donations that bumped into the a whole lot of tens of millions. Along with an unnamed philanthropic officer of FTX, he thought-about shopping for Nauru, partly to foster “sensible regulation around human genetic enhancement, and build 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 a bit over 2,100 miles away from Brisbane, Australia. It was there that FTX attorneys allege the Bankman-Fried crew sought to ascertain an emergency base for itself and a choose group of “EAs,” or efficient altruists.

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,” in response to a memo between the youthful Bankman-Fried and the philanthropic advisor, which was famous within the go well with.

WATCH: FTX seeks to claw again $700 million from ex-Clinton aide’s funding agency