The Rise and Fall of FTX
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The Rise and Fall of FTX
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SAM BANKMAN-FRIED’S FORMER 8% STAKE IN ANTHROPIC COULD HAVE BEEN WORTH UP TO £75 BILLION TODAY. The disgraced FTX founder invested around £400 million in AI company Anthropic in 2021, securing a stake of approximately 8%. Following the collapse of FTX, the company’s bankruptcy estate sold the shares in 2024 for around £1 billion to repay creditors. Anthropic’s soaring valuation means that stake could now be worth tens of billions of pounds. Estimates based on a potential valuation of around £720
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SAM BANKMAN-FRIED’S FORMER 8% STAKE IN ANTHROPIC COULD HAVE BEEN WORTH UP TO £75 BILLION TODAY. The disgraced FTX founder invested around £400 million in AI company Anthropic in 2021, securing a stake of approximately 8%. Following the collapse of FTX, the company’s bankruptcy estate sold the shares in 2024 for around £1 billion to repay creditors. Anthropic’s soaring valuation means that stake could now be worth tens of billions of pounds. Estimates based on a potential valuation of around £720
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