FTX planned to purchase the Pacific island nation of Nauru to build an apocalypse bunker, lawsuit says
FTX wanted to purchase the Pacific island nation of Nauru to build a bunker in case of an apocalyptic event, according to a new lawsuit.
As the company dramatically imploded last November, Bankman-Fried handed over the CEO role to John J. Ray III — an attorney who previously handled Enron's bankruptcy, and is now trying to recover funds for FTX customers. It's a pretty tiny island with a population of 12,500 located in the Pacific Ocean, northeast of Australia. And because it's so small, it's vulnerable to the effects of climate change like rising sea levels.
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