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FTX crypto Sam Bankman Fried

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FTX crypto Sam Bankman Fried

FTX crypto Sam Bankman Fried is a young entrepreneur and a former quantitative trader. He gained significant attention for his involvement in the crypto industry and became well-known for his trading strategies and philanthropic efforts. He founded FTX in 2017, and the exchange quickly rose in popularity due to its innovative features and offerings.

FTX is known for its extensive variety of exchanging items, including spot exchanging, utilized tokens, prospects, choices, and other complex monetary instruments. It became one of the quickest developing and most noticeable digital currency trades universally, taking special care of both retail and institutional financial backers.

Aside from FTX crypto Sam Bankman Fried is also known for his involvement in various other crypto-related ventures and projects. He's been an active advocate for effective altruism and has donated substantial amounts to different charitable causes.

FTX crypto Sam Bankman Fried seemed unprepared for the end of his FTX crypto exchange, but he’d certainly started planning for the end of civilization.

According to new court filings, FTX crypto Sam Bankman Fried had chalked out how he would purchase the island nation of Nauru. Come the great fire or flood, he would move himself and his colleagues in the effective altruism movement into a bunker there, to wait out the apocalypse.

The court filings in a federal bankruptcy court in Delaware, dated July 20, included a memo crafted by an FTX Foundation official and FTX crypto Sam Bankman Fried brother Gabriel Bankman-Fried. It outlined the future survival of FTX and Alameda Research employees and all those who subscribed to the effective altruism concept.

The ultimate strategy, according to the memo, was “to purchase the sovereign nation of Nauru in order to construct a ‘bunker / shelter’ that would be used for some event where 50%-99.99% of people die [to] ensure that most EAs (effective altruists) survive.” The memo also mentioned to plans to develop “sensible regulation around human genetic enhancement, and build a lab there,” noting that perhaps “there are other things it’s useful to do with a sovereign country, too.”

 

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