Jamie Loftus

He's not wearing the basketball shorts.

Well, that's not helpful.

Yeah, he's wearing a suit now.

It looks like shit, but whatever.

Of course it does.

I try not to judge people on how they look unless that's part of their con.

Um, and, and Sam is a guy for whom the dressing like a slob was always part of his, uh, his like tech bro genius, you know, uh, persona that he was putting on.

Oh, yeah, yeah.

I believe there's a mugshot of him out at this point.

Certainly when he went at the Bahamas.

So when we last left our buddy Sam in November of 2022, he had been arrested in the Bahamas and extradited to the United States where he was charged with so many financial crimes that he might theoretically spend more than 115 years in prison.

Now, in the days and months since, a lot has happened and a lot more has come out about how the former crypto mogul behaved before and after his fall.

I want to start with some of the latter information, because by far the most entertaining story to drop as a result of these serried legal filings against Sam is that he was using the nonprofit arm of FTX to attempt to buy a sovereign nation he could use as an apocalypse shelter.

That is by far the funniest story that's dropped about these guys in the month since.

Oh, that's a great question, Jamie.

So let's talk about the island of Nauru.

It's an island in the southwest Pacific.

I think it's about 2100 miles away from the coast of Australia, which, given the fact that Australia is really out in the middle of nowhere, is pretty close to Australia.

It is presently the world's smallest island nation.

It's got a population of about 12,000 or so, not a ton of people.