FTX Exchange has received court approval to sell its shares in Anthropic
The judge approved FTX's petition to sell a 7.84% stake in the AI startup Anthropic. The value of the shares is estimated at $1 billion.
The FTX cryptocurrency exchange has received court approval to sell a stake in the Anthropic AI startup in the amount of 7.84%.
The Cointelegraph report says that the latest stated valuation of Anthropic is $15 billion. This means that almost 8% of FTX shares are worth more than $1 billion.
Judge John Dorsey said at a hearing on February 22, 2024, that he approved the decision after "FTX made concessions to some customers who were against the sale."
"Customers claimed that the shares of Anthropic did not belong to FTX, claiming that they were bought with illegally appropriated user funds. However, they agreed to the sale if they were allowed to claim the money later," the statement said.
FTX lawyer Andrew Ditderich said in court that "the company sells shares of Anthropic, just like it sells everything else, and puts money in the bank." In addition, he added that the exchange will pay users the funds from the sale of its stake and add them to the $6.4 billion currently deposited in the bank. According to him, these funds are "more than enough" to pay off debts.
Source: https://incrypted.com/birzha-ftx-poluchila-razreshenie-suda-na-prodazhu-svoih-akcij-anthropic/
