Sam Bankman-Fried’s authorized group penned a letter to Choose Kaplan, urging the court docket to allow the introduction of proof concerning their funding in Anthropic, a synthetic intelligence (AI) startup, made again in April 2022. This movement, dated October 10, was in response to United States prosecutors’ request on October 9, which aimed to forestall SBF’s protection from discussing the restoration of FTX buyer funds by means of their involvement with Anthropic.

Bankman-Fried, generally referred to as “SBF,” initiated a considerable $500 million funding into Anthropic in April 2022, simply earlier than the collapse of the change. The U.S. Division of Justice (DOJ) is ready to current proof suggesting that this funding was funded utilizing fraudulent buyer deposits.

Nonetheless, the authorized representatives argue that the federal government’s stance misrepresents the relevance of this proof. They respectfully requested the court docket to disclaim the federal government’s movement and emphasised that the federal government had repeatedly portrayed Alameda’s enterprise investments as “dangerous” and “money-losing” through the trial.

In response, the protection asserts that they need to be allowed to current proof showcasing the constructive outcomes of such enterprise investments, with Anthropic as a major instance. It’s price noting that Anthropic just lately secured substantial investments, together with $4 billion from the e-commerce big Amazon and $100 million from the South Korean telecommunications big SK Telecom.

SBF’s authorized group additionally expressed their willingness to adjust to any acceptable directions supplied by the court docket regarding the usage of Anthropic funding proof. The second week of the trial for the previous FTX CEO, which commenced on October 11, facilities round seven prices associated to conspiracy and fraud in reference to the FTX collapse. SBF has entered a plea of not responsible.



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