$500 Million Becomes $30 Billion: An “Investment Legend” Outside a Federal Prison
In 2022, SBF funneled FTX customer funds into Anthropic, investing $500 million for an 8% equity stake. Four years later, as Anthropic’s valuation surged past $38 billion, this stake—liquidated due to fraud—reached a theoretical value of $30 billion.
This article explores the “Effective Altruism (EA)” network linking SBF and Anthropic’s founders, exposing how the most audacious investment in AI history stemmed not from vision, but from a covert cycle of funds within the community. It stands as both a dark comedy of a 60x return and a sober account of EA philosophy’s unraveling amid the pursuit of wealth and power.
2026-03-20 10:01:33
PENGU is a functional cryptocurrency designed to connect NFTs, community activity, and ecosystem applications within the Pudgy Penguins ecosystem. Through incentive mechanisms and resource allocation models, it facilitates value circulation and coordinates user behavior across the network. As NFT projects evolve from standalone digital assets into brand driven and multi scenario ecosystems, PENGU plays a role in building a more scalable economic system where user actions, community participation, and ecosystem growth are interconnected.
2026-03-20 09:33:54
Amid the outbreak of war, why have stablecoin issuers emerged as the biggest winners? From February to March 2026, Circle’s stock price defied the broader market, soaring from $49 to $123. This article provides an in-depth analysis of the truth behind Circle’s “war dividend”: geopolitical tensions have locked in expectations of delayed interest rate cuts, allowing its $79 billion treasury bond reserve to generate sustained excess returns. Meanwhile, USDC’s ability to serve as a “physical safe haven” and facilitate “cross-border settlements” amid the Middle East turmoil has driven its trading volume to surpass that of USDT. However, beneath the surging stock price, structural concerns such as the profit-sharing agreement with Coinbase and a deep dependence on a high-interest-rate environment continue to weigh on Circle.
2026-03-20 09:33:54
