JUDGE APPROVES FTX PROPOSAL TO SELL STAKE IN ANTHROPIC

Summary from the TLDR Crypto newsletter

The courts have approved FTX's proposal to sell its $1 billion equity stake in AI startup Anthropic. FTX had invested $500 million in Anthropic in 2021 and now aims to use the proceeds of this sale to help repay affected customers. The sale of Anthropic shares is part of FTX's court-supervised asset liquidation to compensate its customers.