The US government quietly sold equity stakes in AI giant Anthropic that were seized from two former FTX executives, turning what started as a $50 million crypto-era investment into one of the most lucrative asset forfeitures in recent memory. Caroline Ellison, the former CEO of Alameda Research, and Nishad Singh, a former FTX engineering director, both forfeited their personal Anthropic holdings to the government as part of their criminal proceedings tied to the collapse of Sam Bankman-Fried’s crypto empire. The US Marshals Service then sold those shares to existing Anthropic investors in 2025. From crypto convictions to AI windfalls Ellison invested roughly $10 million and Singh put in about $40 million during Anthropic’s Series B funding round in 2022. Both executives cooperated with federal prosecutors. Ellison pleaded guilty and testified against Bankman-Fried. Singh did the same. As part of their respective deals, Ellison forfeited her Anthropic shares in February 2025, and Singh followed suit in April 2025. The US Marshals Service acquired the shares and found buyers among Anthropic’s existing investor base. The exact sale price remains undisclosed. Estimates suggest the gove...
US government sells Anthropic stakes seized from former FTX executives
51 minutes ago
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