FTX Expedites $1.4B Anthropic Stake Sale

FTX Seeks Court Approval for Expedited Sale of Anthropic Stake

FTX, the bankrupt cryptocurrency exchange, is seeking court approval to proceed with the swift sale of its stake in AI company Anthropic. The request includes a proposal to shorten the sale negotiation period, with a court hearing scheduled for February 22. This expedited process is part of FTX’s strategy to address its bankruptcy situation and provide hope for its creditors.