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Ethereum World News
2023-01-18 15:28:38

Sam Bankman-Fried Insists FTX US Is Solvent – Again

Sam Bankman-Fried Insists FTX US Is Solvent – Again

Summary: A second Substack post from the FTX Founder contested data and financial records filed by legal firm Sullivan & Cromwell. Bankman-Fried argued against the notion that FTX US has a shortfall and is unable to pay back customers. The platform has over $350 million in excess cash, said SBF once again. Disgraced crypto tycoon Sam Bankman-Fried reiterated that FTX US, the American division of his bankrupt international crypto exchange, remains solvent with enough cash and assets to make

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