In the year of FTX's bankruptcy liquidation, someone bought 5% of Cursor's shares for $200000. That's 2023, no one cares. Today SpaceX announced the acquisition of Cursor for $60 billion. That $200000 stake is now worth $3 billion. This is just the smallest footnote in the SBF investment map. In 2021, he bet about $500 million on Anthropic, which is now valued at around $75 billion. In 2022, he bought $648 million worth of shares in Robinhood, acquiring approximately 7.6% ownership. In the same year, he also established a SpaceX related exposure of approximately $100 million, which is now around $10 billion. Adding them up one by one, if these positions are still there, the book wealth is about $100 billion. The top 20 richest people in the world. Someone on the internet is already calling him the 'strongest investor in history'. Anthropic's IPO has not yet arrived. When that day arrives, this statement will ring again. But this money has never been his. They come from the accounts of millions of FTX users. The user thought it was their own deposit, placed in the exchange, and could be withdrawn at any time. SBF used this money to bet on the best companies in the world, with a vision that almost no one can match. Then FTX collapsed and went bankrupt, forcing these positions to be sold at cost price one by one, and the money earned was used to compensate creditors. Billions of book wealth will be reset to zero after liquidation. It's not because he read it wrong, it's because the money shouldn't have been moved in the first place. He is currently serving his sentence in Lompoc Federal Low Security Prison in California. Wake up at around 6am every morning, take antidepressants and ADHD medication, and use the prison email system to send emails. He doesn't eat in the cafeteria, he cooks for himself with dehydrated beans and rice bought from the convenience store. He plays pickleball and games on the tablet, and is said to have played thousands of games. He described prison life as' mostly boring and routine ', but he was worried that his brain would slowly deteriorate. He is still writing a memoir called 'Manfred', which uses fables to write about prison life and sends it out paragraph by paragraph through the prison email system. New York magazine recently published an in-depth report, asking him what he wants to do after being released from prison. He said to issue his own new token. To accomplish something, you need to first raise a startup capital of 50 million to 100 million US dollars. He never truly believed that he was wrong. In his account, FTX's problems were accounting errors, lawyer judgment errors, and submitting bankruptcy applications too early. He is still appealing, and after the appeal was rejected, he submitted a motion for retrial. His parents hired Republican lobbyists hoping to fight for Trump's pardon. He slowly turned to support the Republican Party while in prison, packaging his case as a 'victim of the cryptocurrency industry'. He has anhedonia and cannot feel happiness, as he said himself. But he still believes in his own judgment. I still feel that I see things better than others. Still calculating how much money is needed to start over after being released from prison. The cursor is worth 3 billion. Anthropic has not yet gone public. The money from those users can no longer be recovered. And he was playing pickleball in prison, brainstorming the next token.