US Government Sells Anthropic Shares Seized from Former FTX Executives
The US federal government has sold Anthropic shares previously seized from former FTX executives Caroline Ellison and Nishad Singh. While the shares were originally valued at $10 million and $40 million respectively, their value surged significantly due to Anthropic's valuation growth, with estimates suggesting the sale proceeds reached between $250 million and $1.1 billion. The destination of these funds remains undisclosed, and it is currently unclear if the proceeds will be used to compensate FTX victims.
Not investment advice.