BlockBeats News, February 13th, it was revealed that Sam Bankman-Fried (SBF), the founder of the now-defunct crypto exchange FTX, could have accumulated a value exceeding $800 billion if early-stage investments had not been locked due to asset freezes.
Among them, SBF once invested $500 million in the AI startup Anthropic. With the rapid development of generative AI industry, this equity could now be worth around $70 billion based on the current valuation.
In addition, when the SOL price was around $8, SBF accumulated around $60 million worth of SOL, which, based on its historical peak market value, would have had a peak value of around $21 billion. He also invested $100 million in Mysten Labs (the Sui blockchain development team), which is now valued at over $8 billion.
In the traditional financial sector, SBF also holds about 7.5% equity in Robinhood. Based on the current market value, this equity portion is worth around $10 billion.
However, with the collapse of FTX in 2022 and subsequent legal proceedings, the relevant assets have been taken over by the authorities. SBF was previously found to have misappropriated customer funds to support high-risk trading and personal investments. Analysis indicates that his downfall was not due to investment mistakes but rather a lack of risk management and compliance.
