Anthropic Shares Sale
The FTX bankruptcy estate has sold its remaining shares in Anthropic, the AI company behind the Claude chatbot. The estate sold 15 million shares at $30 per share, totaling over $452 million. The top buyer was G Squared, a venture capital fund, which purchased 4.5 million shares for $135 million.
This sale comes after FTX sold the bulk of its Anthropic shares in December for $900 million. The total proceeds from the sale of Anthropic shares now stands at $1.3 billion.
FTX Bankruptcy Fees
The cost of FTX’s bankruptcy proceedings has exceeded $700 million. The highest earner is consulting firm Alvarez & Marsal, which has charged $212 million. FTX’s legal counsel, Sullivan and Cromwell, has charged $202 million.
FTX CEO John Ray has charged the estate $5.6 million since the start of the bankruptcy case.