FTX offloads remaining Anthropic shares as bankruptcy cost surpasses $500 million
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UPDATED: June 2, 2024, 3:21AM EDT
Quick Take
The FTX estate has sold its remaining shares in Anthropic, a valuable AI startup, as the total cost of the bankruptcy surpasses $500 million in legal and administrative costs.
While FTX founder Sam Bankman-Fried's trial has come to an end, pending an appeal, the FTX bankruptcy slogs on. In the latest update from the FTX estate, helmed by CEO John Ray III, the company has offloaded its remaining shares in Anthropic, the...
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