Lawsuit: Crypto Lobbyist Wanted To Buy Pacific Island Nation To Build Apocalypse Bunker For Tech Billionaires

CNBC reports:

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.

Bunker life is a well-documented fixation among tech billionaires, particularly those who identify as doomsday preppers. There’s also a fascination with buying large estates in the Pacific and even owning small islands there.

Read the full article.

“A representative for Nauru confirmed the island nation was not and has never been for sale.”https://t.co/4IsaoSOEie

— Cyrus Farivar // @[email protected] (@cfarivar) July 21, 2023