Apocalyptic Ambitions: Sam Bankman-Fried’s Brother’s Island Purchase Plan Revealed in Court Filing

Gabriel Bankman-Fried, the sibling of former FTX CEO Sam Bankman-Fried, had intriguing and ambitious plans that have come to light through a recent filing with the United States Bankruptcy Court for the District of Delaware. It appears that Gabriel had grand ideas for survival in the face of a global catastrophe, and he intended to utilize funds from the now-defunct cryptocurrency exchange, FTX.

The court filing revealed that Gabriel had set his sights on acquiring the island nation of Nauru in the Pacific. His alleged method for doing so involved misappropriated funds through the FTX Foundation. Notably, court documents highlighted several projects carried out by the charity that seemingly served little purpose other than enhancing the public image of the defendants. Among these initiatives was a book grant worth $300,000 focused on “humans’ utility function” and a $400,000 grant given to a YouTuber.

However, one particular plan unveiled in the court filing stood out—the preparation for a potential global apocalypse. Gabriel’s vision involved purchasing Nauru, an island situated northeast of Australia with a population of around 12,000 as of 2023. According to a memo exchanged between Gabriel and an unnamed officer of the FTX Foundation, the scheme included establishing a secure bunker capable of accommodating effective altruists (EAs) during the apocalyptic event, where potentially 50% to 99.99% of the global population could perish. The intention was to ensure the survival of most EAs during such a catastrophe. Additionally, another aspect of his plan involved creating a laboratory with a focus on “human genetic enhancement.”

The memo intriguingly mentioned that there might be other advantageous uses for owning a sovereign country, alluding to potential strategic benefits beyond just survival preparations.

Gabriel’s ambitious and unconventional ideas, as revealed in the court filing, have sparked curiosity and raised eyebrows alike, shedding light on the fascinating world of crypto-related ventures and their broader implications.

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