Bankrupt cryptocurrency exchange FTX is preparing to sell its most significant remaining illiquid asset: the 8% stake the company holds in valuable AI startup Anthropic, which received a $500 million investment from FTX's former CEO, Sam Bankman-Fried, in October 2021. 

The company, now led by CEO John Ray III, has filed a motion asking a judge to approve the sale of FTX's stake in Anthropic. The company also filed a separate motion shortening the deliberation period for the sale motion so that it can be heard at the bankruptcy court's next hearing on February 22. Objections to the motion are due by February 15. 

The filing discloses the exact size of FTX's stake in Anthropic, 7.84%, and lays out the two main procedures by which the stake can be sold: an auction or a private …