New prison report flouts claim FTX could have repaid customers from $25B in assets

Sam Bankman-Fried is again challenging the core narrative of his downfall: that FTX was insolvent when it collapsed in November 2022. In a 15-page report written from prison and dated Sept. 30, the convicted founder claimed the exchange “was never insolvent” but merely trapped in a “liquidity crisis” after customers pulled $5 billion in two The post New prison report flouts claim FTX could have repaid customers from $25B in assets appeared first on CryptoSlate.