Max Zeff

They don't even have their broker dealer license.

They work under a firm that does.

They basically contract with a firm.

So they're kind of almost like a real estate agent working under a broker.

Get your broker dealer license.

Figure out a way to use AI to bring down the compliance burden.

Slash goal.

Yeah.

Turns out that if you want to broker...

securities transactions.

There's a big regulatory burden for good reason, right?

We're talking about transactions that are at the scale of high-end residential real estate in this case.

If this individual was maybe getting like a 5% fee on the deal, paid in cash,

Who knows?

It could have been, you know.

But the straightforward interpretation of the post was that they had some sort of side letter, which was like, if I can find you a buyer for $100 million of your shares, you give me $5 million.

That happens a lot, but it usually and hopefully is happening through legal channels.

So this seemingly prompted both Andropic and OpenAI.

to come out with more specific language on their site saying, Anthropic said, unauthorized Anthropic stock sales and investment scams, and said, you know, basically saying, any transfer or sale of Anthropic stock or any interest in Anthropic stock that has not been approved by our board of directors is void and will not be recognized on our books and records.

And so, yeah, typically...