US Cashed Out FTX-Linked Anthropic Stake for $627 Million. Who Got Paid?
Anthropic’s IPO submitting has revealed the destiny of a stake as soon as owned by two of Sam Bankman-Fried’s high executives. The US authorities bought it for $627 million.
FTX’s collectors bought the money. Nine traders bought the shares, price about $3.94 billion at a $1.5 trillion valuation. Nobody has mentioned who they’re.
How Did the US Government End Up Owning Anthropic Stock?
In 2022, Caroline Ellison and Nishad Singh guess $50 million on a younger AI startup. Ellison ran Alameda Research, FTX’s sister buying and selling agency. Singh was an FTX government.
Months later, FTX collapsed. Both pleaded responsible and testified against Bankman-Fried, who’s serving 25 years.
A court docket ordered their shares forfeited, which means handed to the federal government as proceeds of crime. The US owned them by April 2025.
What Does Anthropic’s IPO Filing Show?
On October 26, Anthropic filed its S-1, the paperwork required earlier than an organization sells shares to the general public. It by no means names Ellison or Singh. Instead, it describes 4,453,900 Series B shares in these phrases.
“…had been forfeited by former holders in authorized proceedings to which we weren’t a celebration,” an excerpt within the filing reads.
That depend matches their $50 million buy precisely, Business Insider reported.
Anthropic purchased the shares from the federal government in October 2025 at $140.9676 every. It resold them to 9 patrons at value.
Who Got Paid, and Who Got the Upside?
The money went to the FTX chapter property, the pot used to repay prospects. Court filings present the Justice Department despatched it $638 million in late 2025.
“One of the Justice Department’s high priorities is returning forfeited funds to victims via the asset forfeiture program each time the regulation permits,” said a spokesperson from the Justice Department.
The property pays collectors in rounds, amongst them, a $900 million fifth payout in July.
The 9 patrons sit on the opposite aspect. Their shares may very well be price six occasions what they paid. The US Marshals Service reportedly ran the sale.
The property bought Bankman-Fried’s own $500 million stake in 2024 for $1.3 billion.
Anthropic plans to list on Nasdaq as ANT. Once buying and selling begins, the market will worth each stakes.
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