FTX Bankruptcy Liquidators Sold Cursor Stake for $200k, Now Worth Billions
FTX's bankruptcy liquidators sold a 5% stake in Cursor's parent company Anysphere for $200k in 2023, a 50% loss from the original $400k investment made by FTX's subsidiary Alameda Research in 2022. The stake is now valued in the billions following SpaceXAI's potential $60B acquisition of Cursor. This highlights the significant financial loss for FTX creditors.
Topics: Cursor acquisition equity stake disposal fraud FTX bankruptcy SpaceXAI