SBF's early investments, if not foreclosed, would currently be worth as much as $80 billion.
02/13 14:35
On February 13, news reported that FTX founder Sam Bankman-Fried's early investments before being convicted have now greatly appreciated. He invested $500 million in the AI startup Anthropic, which is now worth about $70 billion; Solana (SOL) tokens worth $60 million purchased at $8 each once appreciated to $2.1 billion at their peak; a $100 million investment in the Sui blockchain development team Mysten Labs has now grown to over $800 million; additionally, his 7.5% stake in Robinhood is now worth about $10 billion. If SBF's assets had not been seized by authorities after the FTX collapse, these early investments could have brought him gains exceeding $80 billion. SBF's failure was not due to poor investment judgment, but because of illegal misappropriation of customer funds and violations of financial regulations, which ultimately led to the collapse of his empire.
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