FTX Receives Green Light – Judge Approves Sale of its Anthropic Shares

In a significant development, a U.S. judge has granted approval for FTX, a crypto exchange currently navigating bankruptcy waters, to proceed with its proposal to sell its stake in Anthropic, an artificial intelligence (AI) startup. The exchange’s initial investment of $500 million in Anthropic back in 2021 had secured a 13.56% equity stake, which has…