FTX, the investment bank acting as an adviser to FTX, has reportedly informed bidders about the suspension of the sale of Anthropic, a privately-held AI firm. Potential buyers had requested and assessed private information about Anthropic, but were asked to sign non-disclosure agreements. FTX had been seeking a high price for its stake in Anthropic, as the tech world’s interest in artificial intelligence continues to grow. Anthropic was valued at $4.6 billion in June and FTX and Alameda had made a $500 million investment in the firm. The sale of Anthropic would have provided much-needed capital for FTX’s recovery and recompense for creditors. The freeze on the sale comes shortly after FTX debtors released their second investigative report, revealing that FTX owed customers $8.7 billion. Despite the challenges, FTX’s new management claims to have made progress in recovering $7 billion in liquid assets. The crypto market has remained relatively stable, with Bitcoin hovering around the $30,456 mark. However, there are concerns about heavy resistance and the formation of a potential double top chart.
Continue reading on Cryptopotato.com
By
By
By
By
By