The Unthinkable Proposal
In the weird world of cryptocurrency, where fortunes are made and lost in the blink of an eye, a new twist has emerged featuring Gabriel Bankman-Fried, brother of the infamous Sam Bankman-Fried. Imagine planning to buy an entire island to ride out global chaos! According to documents filed in the United States Bankruptcy Court, Gabriel was reportedly involved in discussions about acquiring the Pacific island nation of Nauru. Now, if that doesn’t sound like a plot straight out of a B-list action movie, what does?
The Memo That Sparked Outrage
A memo exchanged between Gabriel and the FTX Foundation, which some might say should have been filed under “crazy ideas,” detailed how misappropriated funds from FTX could serve this grand plan. Among the not-so-wholesome projects mentioned were a $300,000 grant for a deep dive into “humans’ utility function” and a $400,000 contribution to a YouTube star’s channel. Meanwhile, Nauru, a tiny island with a population of around 12,000, was to become the new refuge for effective altruists out to survive the apocalypse.
Setting Up Shop in Nauru
The vision was nothing short of ambitious. The memo reportedly mentioned a bunker designed to protect the chosen few from a catastrophic event potentially wiping out nearly the entire population. Yes, that’s right, a secret lab for human genetic enhancement on a minuscule island! One memo line even casually suggested that “probably there are other things it’s useful to do with a sovereign country, too.” A chilling thought indeed!
Legal Woes and Family Drama
Gabriel’s attorney was quick to step in and clarify his client’s position, stating that he did not initiate or support this absurd plan. The defense claimed he simply received a link to the memo without ever wanting to take part in its outrageous schemes—talk about a brotherly love gone wrong! As if things couldn’t get more complicated, as FTX navigates its Chapter 11 bankruptcy, there’s chatter about whether Gabriel will testify against Sam in the upcoming trial.
Future Uncertain
With Sam Bankman-Fried’s trial looming, scheduled for October 2, and revelations unfolding about Gabriel’s involvement, the air is thick with speculation. Will he stand by his brother or become a reluctant informant? Both brothers have been tightly entwined in this economic rollercoaster, leaving many to wonder whether this saga will end with a bang or a whimper—or perhaps a bunker in Nauru. Whatever happens, one thing is sure: the crypto world is never short of drama!
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