SBF's Anthropic Bet Would Have Paid Back FTX Three Times Over
Sam Bankman-Fried invested $500M of FTX customer funds into Anthropic, receiving a 13.5% stake now diluted to 8%. At Anthropic's current $380B valuation, that stake is worth roughly $30 billion — enough to repay every FTX victim three times over. The best VC call in history was made illegally.
