The tiny island state of Nauru has tried everything in its search for money. Colonial powers left the island state largely exploited, meaning the island had to repeatedly stay afloat with the support of other states.

The island nation's latest project is deep-sea mining of minerals, which climate researchers warn about. “This country has produced all sorts of strange things, and the case of Sam Bankman-Fried is the latest in a chain of strange activities,” said John Connell, a professor at the University of Sydney.