DoJ seeks to block discussions around FTX’s AI arm

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The U.S. Department of Justice aims to prevent SBF from using Anthropic's fundraising as part of his defense against wire fraud charges.

The U.S. Department of Justice aims to prevent SBF from using Anthropic’s fundraising as part of his defense against wire fraud charges.This development is seen as a positive turn of events for FTX creditors, as it could potentially impact the outcome of the case.to prevent him from raising issues related to the recent fundraising efforts of Anthropic, an artificial intelligence company linked to FTX.

Anthropic has recently made headlines with an agreement worth up to $4 billion with Amazon and discussions about raising an additional $2 billion in funding. The DoJ argues that such evidence serves no legitimate purpose in the defense’s case and should be excluded from proceedings. The outcome of this legal battle could have implications not only for Bankman-Fried but also for the broader cryptocurrency and investment communities.

 

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