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$200K to $3B: Cursor deal fuels Sam Bankman-Fried’s argument against FTX liquidation

Sam Bankman-Fried (SBF) previously argued that FTX could have recovered value if assets were given time to recover, and now he has received fresh proof of that claim in the form of SpaceX’s multi-billion-dollar deal with Cursor.  A 5% stake in the AI startup Cursor cost $200,000 in 2023, but now, following a new $60 […]

$200K to $3B: Cursor deal fuels Sam Bankman-Fried’s argument against FTX liquidation