Gabriel Bankman-Fried, the brother of former FTX CEO Sam Bankman-Fried, had a plan to outlive a world disaster utilizing funds from the now-defunct cryptocurrency change.
Based on a July 20 submitting with america Chapter Court docket for the District of Delaware, Gabriel deliberate to buy the island nation of Nauru within the Pacific utilizing allegedly misappropriated funds by the FTX Basis. Tasks with the charity “that served little goal apart from to boost the general public stature of Defendants,” based on courtroom paperwork, included a $300,000 ebook grant on “people’ utility operate” in addition to a $400,000 grant to a YouTuber.
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