todayonchain.com

Claude Code’s 512,000-Line Leak Rattles Anthropic’s $350 Billion IPO Ambitions

BeInCrypto
A massive leak of Claude Code's source code raises security concerns and threatens Anthropic's planned $350 billion IPO.

Summary

Anthropic experienced a significant security breach on March 31st when 512,000 lines of Claude Code’s proprietary source code were accidentally published through an npm update. The leak, discovered by security researcher Chaofan Shou, exposed the architecture of the AI coding tool, which generates $2.5 billion in annual revenue. The codebase quickly spread on GitHub despite Anthropic’s DMCA takedown requests. This incident follows a previous leak of internal files just five days prior, raising operational questions for the $350 billion company considering an IPO in Q4 2026. A developer, Sigrid Jin, even completed a Python rewrite of the leaked code, gaining significant traction on GitHub. The leak revealed internal features like “Undercover Mode” and details about upcoming models, potentially compromising the security of enterprise clients who comprise 80% of Claude Code’s revenue.

(Source:BeInCrypto)