Gabriel Bankman-Fried, the brother of dilapidated FTX CEO Sam Bankman-Fried, had a opinion to outlive a world catastrophe using funds from the now-defunct cryptocurrency trade.
Based totally on a July 20 submitting with the US Monetary trouble Court docket for the District of Delaware, Gabriel deliberate to aquire the island nation of Nauru within the Pacific using allegedly misappropriated funds through the FTX Foundation. Tasks with the charity “that served minute goal diversified than to pork up the public stature of Defendants,” according to court documents, incorporated a $300,000 guide grant on “other folks’ utility feature” in addition to a $400,000 grant to a YouTuber.
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