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0 pointsredox992y ago0 comments

Rumor is that FTX is not that awful financially right now, because of their Anthropic investment.

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4 comments · 2 top-level

to11mtm2y ago· 1 in thread

... I mean right now maybe, OTOH that space is as volatile as Crypto was 13ish months ago.

cdchn2y ago

If I was a bag holder in FTX I'd be absolutely on my knees praying for a piece of Anthropic as a substitute.

nl2y ago· 1 in thread

The Anthropic investment is completely illiquid. It was liquidity issues that crashed FTX originally.

TL;DR: they might have assets but they were and are still "awful financially"

I think they're also fundamentally insolvent even with the anthropic investment

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