The Sam Bankman-roasted $500M human share had nothing to do with the case, prosecutors said.

U.S. prosecutors have asked the court presiding over the Sam Bankman-Fried trial to bar the legal team from any dispute over the recovery of FTX client assets invested in Anthropics.

Bankman-Fried invested $500 million in the artificial intelligence startup in April 2022. However, the US government is going to present evidence that Anthropoc's investment was made by misappropriating customer deposits from FTX.

Anthroponic has made headlines in recent weeks as it looks to raise funds from the likes of Amazon and Google, which could be valued at $20–30 billion.

U.S. prosecutors said recent reports focused on the company's high valuation would increase the value of Bankman-Fried's investment, which would help FTX's customers and other creditors recover money in FTX's bankruptcy.

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According to the letter sent to Judge Louis Kaplan, the legal teams representing the US government and Bankman Fried discussed issues that could be raised in the cross-examination of witnesses.

Bankuman-Fried's legal team plans to present evidence in 2022 regarding the value of the former FTX CEO's $500 million in Anthropic Investments.

Prosecutors believe this evidence is intended to support their argument that FTX customers and other victims will be fully compensated for their losses, which the court previously described as an “impermissible motive.”

“Therefore such evidence is wholly irrelevant, and will cause great danger of unfair prejudice, confusion of the issues, misleading the jury, undue delay and waste of time.”

The government alleges that the indictment against Bankman-Fried centered on wire fraud by using FTX customer deposits to invest and other expenses. Prosecutors argue that mentions of potentially lucrative investments are ultimately irrelevant and irrelevant to the case the jury is considering.

While the government plans to present evidence that Bankman-Fried's misappropriation of customer funds caused significant losses on FTX's balance sheet, it does not plan to present any evidence regarding the ultimate loss of victims after FTX's bankruptcy proceedings are over. complete.

Cointelegraph reporter Anna Paula Pereira covers the Bankman-Fried trial in New York. The first week of the trial focused on how $8 billion of FTX's client funds disappeared from the cryptocurrency exchange.

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