Sam Bankman-Fried Highlights How His Early Bets In Anthropic, SpaceX, Cursor Could Have Skyrocketed If No
The estate’s 5% Cursor stake would be worth about $3 billion after SpaceX’s $60 billion deal, a roughly 15,000x jump from the sale price.
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6 Articles
Sam Bankman-Fried Highlights How His Early Bets In Anthropic, SpaceX, Cursor Could Have Skyrocketed If No
Imprisoned cryptocurrency fraudster Sam Bankman-Fried on Wednesday touted his investments in some of the world's most valuable companies, and what the total stake could have been if the fire-sale had not occurred.
Bankman-Fried's FTX sold its Cursor stake for $200,000 in 2023. It would be worth $3 billion today
SpaceX's agreement to acquire AI coding startup Cursor at a $60 billion valuation has retroactively turned a routine bankruptcy asset sale by FTX's estate into one of the largest missed recoveries in crypto history.
FTX Sells Cursor Stake for $200K
The post FTX Sells Cursor Stake for $200K appeared on BitcoinEthereumNews.com. The post FTX Sells Cursor Stake for $200K appeared first on Coinpedia Fintech News FTX liquidators sold the Alameda Research stake in Cursor’s developer, Anysphere, for just $200,000 during the bankruptcy process, missing out on massive upside. Alameda originally backed Anysphere with $200,000 for roughly 5% of the company. Today, SpaceX has secured an option to acqui…
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