Sam Bankman-Fried's Trial: A Cryptocurrency Nightmare with Irrelevant Stake and Ex-Factor Testimony

US prosecutors are seeking to prevent Sam Bankman-Fried's legal team from presenting arguments related to the potential recovery of FTX customer assets invested in Anthropic, an artificial intelligence startup. The government alleges that Bankman-Fried used misappropriated funds from FTX customer deposits for the investment. Prosecutors argue that the potential high valuation of Anthropic, which could reach $20-$30 billion, is irrelevant to the case and could mislead the jury. The trial is focused on allegations of wire fraud using FTX customer deposits, and the government does not intend to offer evidence regarding the ultimate losses of victims in the FTX bankruptcy process.