SBF's lawyers shouldn't be allowed to use his $500 million investment in AI firm Anthropic — which could used to pay back FTX customers — as evidence, prosecutors say

Mon, 10/09/2023 - 08:59

Sam Bankman-Fried stands as he is introduced to prospective jurors for his fraud trial over the collapse of FTX, the bankrupt cryptocurrency exchange, at Federal Court in New York City, U.S., October 3, 2023 in this courtroom sketch — A court sketch of Sam Bankman-Fried.
REUTERS/Jane Rosenberg

FTX invested $500 million in Anthropic, the AI startup, last year.
Anthropic looks set to be valued at $30 billion as it is in talks with Google for further investment.
Prosecutors argue that the investment can't be used as evidence in Bankman-Fried's favor.

Prosecutors have asked the judge overseeing Sam Bankman-Fried's trial to stop the FTX founder's lawyers from referencing his $500 million investment in Anthropic.