Published by
Benzinga
Benzinga
The implosion of the cryptocurrency exchange FTX has revealed disturbing and questionable initiatives undertaken by its nonprofit division, the FTX Foundation. What Happened: A newly filed lawsuit against disgraced FTX founder and former CEO, Sam Bankman-Fried, exposes some of these unsettling schemes. One particularly eyebrow-raising memo uncovered in the lawsuit reveals discussions between Bankman-Fried and his brother about purchasing the Micronesian island nation of Nauru to construct a bunker. The purpose of this elaborate plan was to have a secure location in the event of a catastrophic …