Tag Archives: FTX

Lawsuit: Crypto Lobbyist Wanted To Buy Pacific Island Nation To Build Apocalypse Bunker For Tech Billionaires

CNBC reports: Sam Bankman-Fried’s younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of Nauru in the Pacific to create a fortified apocalypse bunker state, a lawsuit filed in Delaware bankruptcy court shows. Gabe Bankman-Fried was looking at buying Nauru in the “event where 50%-99.99% of people die” to protect his philanthropic …

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Feds: FTX Crypto Mogul Paid $40M Bribe To Chinese

Reuters reports: U.S. prosecutors on Tuesday unveiled a new indictment against Sam Bankman-Fried, accusing the founder of now-bankrupt FTX cryptocurrency exchange of conspiring to pay a $40 million bribe to Chinese government officials. The new bribery conspiracy charge adds the pressure on the 31-year-old former billionaire, who now faces a 13-count indictment over the November collapse of FTX. Prosecutors had …

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