CryptoNews reports that in April 2023, the bankruptcy estate of FTX sold a 5% stake in Cursor for $200k, and that stake is now worth about $3 billion after SpaceX announced it would acquire Cursor at a $60 billion valuation. This huge valuation discrepancy has raised questions about how the FTX bankruptcy estate handled early asset sales. FTX founder Sam Bankman-Fried criticized the bankruptcy process from prison, claiming "FTX was never bankrupt, I never filed for bankruptcy." He also stated that lawyers quickly filed a false bankruptcy after taking over the company to profit from it. Financial research platform Bull Theory estimates that if FTX's early sold assets had been held until now, their current value could reach approximately $114 billion.

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