Dogecoin’s Billy Markus Spills the Beans on Sam Bankman-Fried

On Dec 5, 2023

A recent revelation by Dogecoin co-founder Billy Markus has brought to light some astonishing plans of Sam Bankman-Fried, the founder of the now-bankrupt crypto exchange FTX. According to Markus, Bankman-Fried had an elaborate scheme to purchase an island and build a bunker, preparing for a potential global catastrophe.

SBF’s Hilarious Plans for the Island

Billy Markus, known for his Dogecoin affiliation, friendship with eccentric billionaire Elon Musk, and sarcastically forthright comments on the crypto industry, took to Twitter to disclose that SBF had intentions to buy Nauru Island for himself and his close associates. The plan included constructing a massive bunker on the island as a safeguard against possible apocalyptic events.

did you know that SBF wanted to buy the island of nauru for himself and his EA friends and make a giant bunker there in case the world ended? 🤣 pic.twitter.com/VUCB2IGEt6
— Shibetoshi Nakamoto (@BillyM2k) December 4, 2023

The revelation has sparked a variety of reactions from the crypto community. On Twitter, users expressed a mix of amusement and skepticism at SBF’s ambitious plans. Famous crypto journalist Tiffany Fong hinted at similar endeavors allegedly pursued by SBF’s brother Gabriel, suggesting a pattern of extraordinary measures within the family. One user questioned the appeal of Nauru Island, to which Markus himself responded, criticizing the island’s conditions.

SBF’s Challenging Prison Life

Moving away from his island dreams, SBF’s current reality in detention is a stark contrast. In a discussion between Tiffany Fong and former mafia enforcer Gene Borrello, insights into SBF’s life in prison were revealed. Bankman-Fried, who is awaiting trial, has been placed in a special section of the detention center alongside ex-gang members and informants for his protection.

Despite these precautions, he has already faced an extortion attempt. Looking ahead, Bankman-Fried faces significant legal battles, with a sentencing scheduled for March 28 and a separate trial on March 11 for additional charges. The U.S. Department of Justice’s decision on whether to proceed with the latter case is pending, making the upcoming months critical for SBF and the broader cryptocurrency community.