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Nauru
1 stories about Nauru
No Sam is an island: The checkered history of Nauru, the South Pacific nation FTX’s founder wanted to buy
17.08.23
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Viki Auslender
Sam Bankman-Fried, the founder of the crypto exchange FTX who planned to buy Nauru, was the latest in a long list of nations and billionaires who sought to take advantage of the tiny island nation. With a shattered economy, ruined land and one of the sickest populations in the world, Nauru's story demonstrates the long-term damage left behind by brutal colonialism and unbridled capitalism
