2 ms·
It literally says they made 900M off Anthropic in the article
by bobsyourbuncle 2y ago
It literally says they made 900M off Anthropic in the article
- eftychis 2y agoLet me rephrase my answer: FTX made a good number in the double digits of investments and acquisitions. (https://www.crunchbase.com/organization/ftx-exchange/recent_investments https://www.crunchbase.com/organization/ftx-exchange/recent_...) I believe Anthropic was the most acclaimed/highest current value, and they still have about 1/3 of the original 8% investment. a) I am curious at what discount they sell Anthropic shares right now; b) I am not sure what is the prognosis for the other shares FTX owns; [ c) which creditors have preference to which money pot; usually there is a pyramid. Here it talks about consumers. (Specifically those owed less than $50k.) And there is a separate matter for shareholders who are looking at getting some of the seized by DoJ proceeds. (https://www.reuters.com/legal/crypto-exchange-ftxs-liquidation-plan-receives-court-approval-2024-10-07/#:~:text=FTX%20has%20estimated%20that%20it,the%20company%20filed%20for%20bankruptcy https://www.reuters.com/legal/crypto-exchange-ftxs-liquidati....) ] Best way in general is to read the actual pleadings: news is not the best at giving a good idea what the court is actually ordering.