Artificial intelligence company Anthropic’s latest fundraising has brought hope for FTX creditors in recovering their funds as SBF’s investment in the AI firm also grows with the latest valuation.
Anthropic is reportedly planning to raise $2 billion from Google and other investors, which could boost its valuation to as high as $30 billion.
A cryptocurrency lawyer said that SBF’s stake in the AI company could make it possible for FTX creditors to get 100% recovery of their funds as a part of the failed crypto exchange’s bankruptcy proceedings.
A Twitter account of FTX creditors shared that the Anthropic fundraising puts FTX’s stake somewhere around $3 billion to $4.5 billion. If it can be accounted for to repay FTX debt, customers could recover all of their funds.
While it’s not clear if SBF invested in Anthropic through FTX funds or personally, it’s arguable who will claim the stake as SBF is also sued by various entities, and FTX liquidators are also active in the scene.
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