US authorities have sold off Anthropic shares that were seized from Caroline Ellison and Nishad Singh—both close associates of Sam Bankman-Fried from the now-bankrupt FTX exchange.

What Happened

After the government confiscated the shares, they landed under federal control. The stock was then sold to existing Anthropic investors. The specific buyers and the selection process for the deal haven't been revealed.

The stake in question originally belonged to Ellison and Singh. The sale went through after the shares were officially transferred to the government following the seizure.

Background

Caroline Ellison and Nishad Singh invested in Anthropic alongside FTX founder Sam Bankman-Fried. His own stake was sold separately as part of FTX's bankruptcy proceedings.

The final buyers and the way the stake was split among Anthropic's current investors haven't been disclosed.