FTX bankruptcy-related legal costs exceed $700 million, and has sold remaining Anthropic shares

PANews reported on June 2 that according to The Block, FTX sold its remaining shares in artificial intelligence startup Anthropic because bankruptcy-related legal and administrative costs have exceeded $700 million. According to the latest documents, FTX sold the remaining 15 million shares at a price of about $30 per share, with a total sales price of more than $450 million. The largest buyer was the global venture capital fund G Squared, which acquired about one-third of the remaining shares, or 4.5 million shares, for $135 million. Venture capital funds also accounted for the majority of the other 20 buyers of Anthropic shares. This made FTX's initial $500 million investment appreciate to about $1.3 billion, with a profit of about $800 million.