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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.

FTX authorized to sell Sam Bankman-Fried’s Bahamas penthouse

Bankrupt crypto exchange FTX has been cleared to sell $222 million of real estate in the Bahamas bought by senior staff during its heyday.

Bankrupt FTX wants to sell 35 properties in the Bahamas, including the penthouse that housed Sam Bankman-Fried and his inner circle.

David Mills also says that Bankman-Fried may be “at the very top of the list as the worst person I’ve ever seen do a cross-examination.”

The jury in the Sam Bankman-Fried trial took just four hours to reach its verdict, so to say things looked bleak was an understatement.