Bankman-Fried, 32, was discovered responsible in November 2023 on a raft of costs and is about to be sentenced at a federal courtroom in New York on Thursday, with prosecutors looking for a 40 to 50 years in jail.
The firm is greatest recognized for its chatbot Claude and has made waves for its mission to launch AI fashions with stricter guardrails than these from ChatGPT and different chatbot rivals.
The chapter proceedings for FTX have been complicated and contentious with court-appointed CEO, John J Ray III, tasked with recovering property for collectors.
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FTX has stated it expects to repay prospects in full and reported it had US$6.4 billion in money as of late February, in accordance to the Wall Street Journal.