Anthropic valuation prompts renewed questions over Sam Bankman-Fried conviction
Updated
Updated · RealClearMarkets · May 1
Anthropic valuation prompts renewed questions over Sam Bankman-Fried conviction
8 articles · Updated · RealClearMarkets · May 1
The report says Bankman-Fried's 2022 $500 million Anthropic stake could now be worth about $200 billion after FTX bankruptcy sold it for $1.5 billion.
It also cites FTT's rise from about 50 cents in 2019 to $85 in September 2021, arguing customers were backing a speculative investment vehicle rather than holding safe deposits.
Bankman-Fried was convicted over stealing $8 billion from customers after FTX collapsed in 2022, but the article argues the crash in crypto and technology assets shaped both the bankruptcy and prosecution.
Was selling FTX’s Anthropic stake for $1.5B a prudent move or the biggest missed opportunity in financial history?
If FTX victims are fully repaid, was SBF's crime a theft or just an unauthorized, high-risk loan?