If you thought the FTX saga couldn’t get any wilder, you were probably wrong.

A recently-filed lawsuit alleges that the FTX Foundation—the nonprofit arm of the now-defunct exchange—was working on “a plan to purchase the sovereign nation of Nauru in order to construct a ‘bunker/shelter’ that would be used for ‘some event where 50% – 99.99% of people die.’”

The plan was part of a memo exchanged between Gabriel Bankman-Fried, the brother of FTX founder Sam Bankman-Fried, and an unnamed officer of the FTX Foundation.

The current leadership team of FTX is suing the bankrupt crypto exchange’s founder, Sam Bankman-Fried, and three other former executives, seeking to reclaim over $1 billion that the defendants are alleged to have misappropriated during the months preceding the exchange’s collapse in November of the last year.

The purchase of the island would allegedly help “ensure that most EAs [effective altruists] survive” and “develop ‘sensible regulation around human genetic enhancement,’ while also building a lab in Nauru.

The cited memo further noted that “probably there

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Author: Andrew Asmakov

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