CNBC
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Bankr Sam Bankman-Fried the FTX estate said last week next month expect to pay back all customers. FTX he optimism stems largely from the rebound of the crypto market and appreciating value of FTX's v FTX ure investmen last week founder Sam Bankman-Fried faces sentencing next month for his criminal fraud conviction tied to the epic collapse of the company in 2022. FTX Bankman-Fried used client m Sam Bankman-Fried tups like Anthropic, the arti next month elligence company founded by ex-OpenAI employees.
FTX invested FTX 00 m 2022 on in Anthropic in 2021, before the generative AI boom.
Anthropic's valuation hit $18 billion in 2023, w Bankman-Fried lue FTX's roughly 8% stake at about $1.4 billion. November ight seven _NxlGi">Mariotti roughly $10 billion aryFeed_highLightText__NxlGi">Bankman-Fried's Bankman-Fried's >Mariotti CNBC Securities and Commodities Fraud Section< FTX an> Delaware F last week ightText__NxlGi">the U.S. Justice Department's Andrew Dietderich /span> FTX "summaryFeed_highLightText__NxlGi">Perry 30 to years Perry the many thousands t least 70 months up to a million mmaryFeed_highLightText_ billions of dollars Bankman-Fried mmaryFeed_highLightText__NxlGi">One US ed_highLightText__NxlGi"> Bankman-Fried an> Substack mmaryFeed Jan. 12, 2023 t__NxlGi">FTX Palo Alto "> California November 2022 FTX months as FTX summaryFeed_ John Ray III t__NxlGi">Serum Ray $7.3 billion more than $7 billion ext__NxlGi">late last year $26 million ryFeed_highLightText__NxlG Bankman-Fried's $700 million ghLightText__Nxl K5 Global ast $2 billio Michael Kives an class="summaryFeed_highLightText__NxlGi">Michael Lewis Go FTX Infinite Bankman-Fried last month gh Braden Perry ">this month the Commodity Futures Trading Commission an FTX U.S. eed_highLightText CNBC lGi">FTX Anthropic FTX Lewis Kaplan New York Bankman-Fried's about $1.4 billion roughly 8% Ray ass="summaryFeed_highLightText__NxlGi">FTX late 2022 mmaryFeed_h the end of the day i">December 2023 Ray ">$18 billion Anthropic around $16,000 pan class=" above $47,000 ig Solana Text__NxlGi">2021 Sam summaryFeed_highLightText__NxlGi">An Serum ic FTX ighLightText__NxlGi">$5 Alameda Research > FTX ightText__NxlGi Solana /span> AnthropicSeptember class="summary the end of that month xlGi">Bankman-Fried's FTX ass="summaryFeed_highLightText__Nx $560 million ion September aryFeed_highLightText__NxlGi">today
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