The crypto tycoon speaks with The Economist from prison in California H ad Sam Bankman-Fried, the founder of defunct crypto exchange FTX, not gone to prison for fraud, he might have been considered among the greatest ever venture capitalists. He was an early investor in AI giant Anthropic (valued up to $2trn), coding software-maker Cursor (acquired by SpaceX this year for $60bn) and trading platform Robinhood (market capitalisation of $92bn). His 8% stake in Anthropic alone might be worth $160bn today, had it not been sold by the FTX estate.
Even the owner of his old bitcoin-mining assets raised nearly $900bn this month. Financial firms race to create instruments to trade processing power Who will buy $120bn-worth of fresh Japanese government bonds? It’s not just Commerzbank: Italians are eating up German business To enhance your experience and ensure our website runs smoothly, we use cookies and similar technologies.
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