🔔 SBF Breaks the Silence: FTX Was Never Bankrupt 🔔
👽✌🏻💥#BTCHashratePeak
An unexpected defense shakes the crypto world
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📈 The Reappearance of Bankman-Fried
Sam Bankman-Fried, the founder of FTX, has reappeared with an extensive document titled "FTX: Where Did the Money Go?". In it, he claims that the exchange was never insolvent and that, had it not been for the intervention of lawyers who forced the bankruptcy, clients would have fully recovered their funds in 2022. This is the most detailed defense that SBF has published since his conviction.
💸 Liquidity Crisis or Solvency?
According to the report, FTX had $15 billion in assets** compared to **$8 billion in liabilities when it declared bankruptcy. Bankman-Fried insists that the problem was solely liquidity: a massive withdrawal that, according to him, could have been resolved before the end of the month. He even claims that, after paying clients and legal fees, FTX's remaining equity would still be around $8 billion.
🚀 The Hidden Value of Assets
The former CEO reveals that the current value (September 2025) of the assets that FTX held at the time of the collapse would amount to the astronomical figure of $136 billion**. This includes stakes in companies like **Anthropic ($14.3B) and Robinhood ($7.6B), as well as significant holdings of cryptocurrencies.
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💡 Intriguing Fact:
If SBF's projections are correct, FTX's assets in 2025 would exceed by more than 17 times the amount needed to cover all debts to clients in 2022. A lost opportunity or an attempt to rewrite history?
