Unauthorized Anthropic stock sales and investment scams

> Both our preferred stock and common stock are subject to transfer restrictions contained in our bylaws. Any sale or transfer 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. This means that if someone purports to sell Anthropic shares without proper board approval, that transaction is invalid. The purported buyer would not be recognized as a stockholder of Anthropic and you would have no stockholder rights.

That's part of the problem though, this is kind of a no-trust transaction to start with since it's inherently fraudulent. As Matt Levine said this morning:

'Also, just, consider the situation here. I come to you and say “hey I have some Anthropic shares, I can’t sell them now but I’ll sell you a forward on them.” You say “isn't that not allowed?” I say “oh sure it’s not allowed but I am a rebel, I’m not bound by those pesky rules.” You’re like “okay I guess” and give me money, now, for shares in the future. How do you know I even have the shares in the first place? What if I’m just lying? You already know that I am willing to break some rules; what if I’m breaking the rules against fraud?'

I don't even think you could buy hedges or insurance against this counterparty risk, because Anthropic could probably get those voided in court too.

They mention Hiive specifically.

> We are aware of individuals or investment firms offering access to Anthropic financing rounds, or offering to purchase your Anthropic shares in violation of our transfer restrictions. To be clear, the following firms are not authorized to buy or sell Anthropic shares:

Open Door Partners

Unicorns Exchange

Pachamama

Lionheart Ventures

Hiive (new offerings)

Forge (new offerings)

Sydecar

Upmarket

these policies hurt employees (at least US taxed ones, other countries only tax at liquidity events).

Large insiders (founders, investors et al), still get to unload their shares (i.e. to future investors), while employees who might have worked for the company for years and accumulated options (or sometimes unsellable RSUs) due to the company not being public get hit with large tax hits either at the same of vesting (for RSUs, but at least that's somewhat manageable) or at the time of leaving the company (due to the need to buy one's shares within 90 days or lose them and then be hit with a tax on the delta).