In 2022, FTX had invested $500 million in Anthropic, a company now backed by Google and Amazon and whose value has exploded.

FTX liquidators will sell two-thirds of the cryptocurrency platform’s stake in artificial intelligence (AI) start-up Anthropic for $884 million, an amount which will be used to compensate the former’s creditors and customers. digital currency giant.

Among the investors acquiring these shares are the Emirati sovereign fund ATIC, which is putting $500 million on the table, according to a document published Monday by the liquidators.

The latter realize a significant capital gain by selling two thirds of a 7.8% stake, acquired for approximately $500 million in 2021. Anthropic is one of the most promising young generative AI companies and has already received several billion dollars in investments from Amazon and Google. Prior to this sale, FTX liquidators had recovered approximately $6.4 billion in cash.

9 billion dollars

Their leader, John Ray, indicated that with the rise in the prices of most cryptocurrencies, the value of FTX’s assets had appreciated. He indicated that he planned to fully reimburse the platform’s customers whose funds had been blocked, i.e. around $9 billion.

Once the second largest cryptocurrency exchange, FTX imploded in November 2022 when customers, worried about managing their money, sought to make mass withdrawals. The company’s co-founder and boss, Sam Bankman-Fried, was convicted in early November of fraud for having diverted, without their consent, billions of dollars to the Alameda trading company.

A federal judge in Manhattan is scheduled to rule on his sentence Thursday. Manhattan federal prosecutor Damian Williams recommended a sentence of 40 to 50 years in prison. His lawyers suggested a sentence of 5 to 6 and a half years in prison.


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