The crypto property of FTX has sold 15 million remaining shares of Anthropic, earning approximately 800 million dollars. As part of a bankruptcy procedure, FTX now no longer owns shares of the AI startup famous for its chatbot Claude.
FTX: the crypto property sells the remaining shares of Anthropic and earns $800 million
According to the documenti, it appears that the FTX estate, led by CEO John Ray III, has sold the remaining shares of Anthropic, the artificial intelligence startup known for its chatbot Claude.
In practice, FTX sold the remaining 15 million shares at about 30 dollars each, with a revenue exceeding 450 million dollars.
More generally, the sale has brought the total gain of the initial investment of 500 million dollars of FTX in Anthropic, to about 1.3 billion dollars, with a profit of about 800 million dollars.
Leading the buyers in this round was the global venture capital fund G Squared, which purchased about a third of the remaining shares, equal to 4.5 million shares, for 135 million dollars. Other venture capital funds also made up the majority of the remaining 20 buyers involved in the acquisition of Anthropic shares.
FTX and the sales of SOL by the failed crypto-exchange at a discounted price
Recently, FTX has been making headlines as it seems the failed crypto-exchange would have auctioned off several SOL at a heavily discounted price.
After several weeks of auctions, FTX would have sold Solana tokens for a total value of 2.6 billion dollars.
This is a sales amount exceeding 3.5% of the entire market capitalization of SOL, currently 75.6 billion dollars.
Among the various buyers of the discounted SOL tokens sold by FTX in its auctions, prominent names such as Figure Markets and Pantera Capital stand out.
For example, it has emerged that Figure Markets would have purchased 800,000 SOL for 80 million dollars. The purchase price of SOL here would be $100 per token, much lower than the $164 price of SOL on the market.
The conviction of Sam Bankman-Fried and then the remorse
In the meantime, it has been since the end of March 2024 that the sentence for the former CEO of FTX, Sam Bankman-Fried to 25 years in prison, has been known.
The conviction refers to the seven charges that reflect his involvement in a massive fraud and conspiracy scheme, which led to the collapse of FTX and Alameda, the two entities he founded.
Only from prison, Bankman-Fried has finally publicly declared to feel remorse for his actions.
Something never happened before, to the point that the judge had emphasized this behavior of never having offered a word of remorse for his terrible crimes.