U.S. Department of Justice: SBF should be prohibited from mentioning Anthropic’s recent financing in court

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U.S. Department of Justice: SBF should be prohibited from mentioning Anthropic’s recent financing in court

2023-10-09 03:52

Odaily News FTX founder Sam Bankman-Fried should be barred from mentioning artificial intelligence company Anthropic’s recent fundraising efforts in response to U.S. Justice Department charges, prosecutors said on Sunday. It is understood that the US Department of Justice has been discussing issues that may be raised in SBFs trial. The two sides have already reached agreement on many issues, but there are still differences on whether the defense team can raise issues related to Anthropics fundraising. The U.S. Department of Justice said that the $500 million investment in Anthropic in 2022 came from client funds. The document from the U.S. Department of Justice stated: The indictment alleges that SBF committed fraud by misappropriating FTX customer deposits for investments and other expenses. Whether certain investments may ultimately be profitable or not is irrelevant. (CoinDesk) Previous news, artificial intelligence Smart company Anthropic has raised new funding from Google and other investors, which could boost its valuation to $30 billion, a cryptocurrency bankruptcy lawyer said, considering Sam Bankman-Frieds (SBF) stake in the company shares, which could mean FTX creditors may be paid out in full.

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