Anthropic gamble could save FTX customers from total ruin

The $500 million Sam Bankman-Fried invested in Anthropic might have tripled in value, but it still won’t repay the losses he caused at FTX.
The $500 million Sam Bankman-Fried invested in Anthropic might have tripled in value, but it still won’t repay the losses he caused at FTX.
FTX says it will repay creditors based on far lower bitcoin prices, spurring a group of customers to take legal action.
Customers of crypto exchange FTX will be repaid based on November 2022 bitcoin prices — when it filed for bankruptcy.
Bankrupt crypto exchange FTX has been cleared to sell $222 million of real estate in the Bahamas bought by senior staff during its heyday.
Effective Ventures, an effective altruism-focused charity, has agreed to return donations it received from FTX.