The US government has sold Anthropic shares confiscated from Caroline Ellison and Nishad Singh, two close associates of former FTX founder Sam Bankman-Fried, to existing Anthropic investors in 2025. The identity of the buyers, the sale price, and the amount ultimately received by the government have not been disclosed. A court had previously ordered the forfeiture of the two holdings, and the government took possession of the shares in February and April 2025. Ellison and Singh had invested $10 million and $40 million, respectively, in Anthropic’s 2022 Series B round. As Anthropic’s valuation climbed, the value of those holdings rose sharply. UCLA professor Olav Sorenson estimated that, based on Anthropic’s stated $96.5 billion valuation in May this year, the combined stake was worth about $4.17 billion to $5.03 billion. If Anthropic were to go public at a $2 trillion valuation, the stake could be worth roughly $5.44 billion. It remains unclear what price the government actually received. Estimates suggest proceeds may have ranged from about $250 million to $1.1 billion depending on when the sale took place in 2025. As of the end of June 2026, the proceeds did not appear to have entered the FTX bankruptcy estate. FTX victim representative Sunil Kavuri said the money should be used to compensate victims, while the US Department of Justice said victim compensation from forfeited assets remains a priority but details of the sale and allocation are confidential.
According to BlockBeats, the US government confiscated Anthropic shares held by Caroline Ellison and Nishad Singh, two close associates of former FTX founder Sam Bankman-Fried, and sold those shares to existing Anthropic investors in 2025.
The identities of the buyers, the transaction price, and the amount received by the government have not been disclosed.
Court ordered forfeiture and government took possession in 2025
A court had previously ruled that Ellison and Singh must forfeit their Anthropic holdings. The US government took possession of their shares in February and April 2025, respectively.
Both had invested in Anthropic’s 2022 Series B financing round. Ellison invested $10 million, while Singh invested $40 million.
Value of the holdings climbed with Anthropic’s valuation
As Anthropic’s valuation rose, the value of the confiscated stake increased sharply as well. UCLA professor Olav Sorenson estimated that, based on Anthropic’s $96.5 billion valuation announced in May this year, the combined value of the two holdings was about $4.17 billion to $5.03 billion.
If Anthropic were to go public at a $2 trillion valuation in the future, the stake could be worth about $5.44 billion.
Sale price remains unclear
It is still not known what price the US government received for the shares. Estimates show that if the transaction occurred at different points in 2025, the sale proceeds may have ranged from about $250 million to $1.1 billion.
As of the end of June 2026, the proceeds did not appear to have been transferred into the FTX bankruptcy estate.
Victim representative calls for compensation
FTX victim representative Sunil Kavuri said the funds should be used to compensate victims. The US Department of Justice said it prioritizes compensation for victims from forfeited assets, but information related to the asset sale and fund distribution is confidential.
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