
Attorneys for a disgraced FTX cofounder, Sam Bankman-Fried, want to mention his $500 million investment in AI startup Anthropic in court, and prosecutors are not happy.
In a filing late Sunday, attorneys for the U.S. District Court for the Southern District of New York filed a letter asking the judge to prevent SBF's attorneys from introducing any evidence related to the investment made by Bankman-Fried last year, saying it's irrelevant to the case.
Prosecutors also argued in the letter that whether or not FTX customers are repaid is not important to Bankman-Fried's defense.
Prosecutors contend that if evidence like this is allowed to be introduced in court, it would require a'mini trial' to examine the value of assets available through the FTX bankruptcy and how much of what customers and creditors have lost could be covered by those assets.
Anthropic, one of the main competitors for OpenAI, is planning to raise $2 billion after receiving a $1.25 billion investment commitment from Amazon. New investments in the firm could quintuple its $4 billion valuation from March, according to The Information. Claude is an AI chatbot created by the two-year-old company.