A little over a year ago, the federal government acquired a stake in Anthropic without paying a penny.
The shares were seized from associates of the crypto fraudster Sam Bankman-Fried. From there, they disappeared into a legal black hole.
As Anthropic rockets toward what could be the biggest IPO in history, those shares could now be worth billions of dollars.
Bankman-Fried’s own Anthropic stake was liquidated in the bankruptcy of his failed cryptocurrency exchange. The Anthropic equity owned by Caroline Ellison and Nishad Singh, two associates who invested alongside him, took a different path. The government seized those shares and sold them to…
