The feds made $627 million selling Anthropic stock from SBF's friends — but could have made billions

Last year, the federal government made a windfall of $627 million when it sold Anthropic shares it had seized from associates of crypto fraudster Sam Bankman-Fried. If it had held on to that stake, its windfall could have been a lot bigger. Business Insider previously reported that the federal government last year sold shares of Anthropic that had belonged to Caroline Ellison and Nishad Singh, two executives at Bankman-Fried's now-defunct companies. Anthropic's S-1 filing on Monday revealed how much the federal government made from the sale of their shares. The prospectus doesn't name Ellison and Singh specifically. It says the government in October 2025 sold 4,453,900 Series B shares of Anthropic that "had been forfeited by former holders in legal proceedings to which we were not a party." The figure…

First reported by Insider. This page is a short excerpt; the full text is theirs.