The feds made $627 million selling Anthropic stock from SBF's friends — but could have made billions
Source: Business Insider ·
The US government sold $627 million in Anthropic shares after seizing them from Sam Bankman-Fried's friends. Its windfall could have been even bigger.
From the source
Sam Bankman-Fried and two of his co-conspirators held investments in Anthropic, the AI company that has since soared in value.Bloomberg/Getty ImagesThe feds seized Anthropic shares last year from Sam Bankman-Fried's associates. Several months later, the government sold them for $627 million.If Anthropic IPO'd in November at $1.5 trillion, those shares would be worth nearly $4 billion. Last year, the federal government made a windfall of $627 million when it sold Anthropic shares it had seized from associates of crypto fraudster Sam Bankman-Fried.If it had held on to that stake, its windfall could have been a lot bigger.Business Insider previously reported that the federal government last year sold shares of Anthropic that had belonged to Caroline Ellison and Nishad Singh, two executives at Bankman-Fried's now-defunct companies.Anthropic's S-1 filing on Monday revealed how much the federal government made from the sale of their shares. The prospectus doesn't name Ellison and Singh…