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Defendant Sam Bankman-Fried Releases Document Claiming 'FTX Was Not Bankrupt'

2025/10/31 15:58 (Updated 2025/11/01 06:01)
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Written by A.Hashimoto
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Defendant Sam Bankman-Fried Releases Document Claiming 'FTX Was Not Bankrupt'

Claims Bankruptcy Resulted from Lawyers' Intervention

The founder of the collapsed cryptocurrency exchange FTX, Sam Bankman-Fried (commonly known as SBF), is said to have authored a 14-page document titled 'FTX: Where Did The Money Go?' which was released on the evening of October 30th through his former X (formerly Twitter) account.

The document, clearly marked as 'Written by: Sam Bankman-Fried and his team', argues that as of November 2022, FTX had a surplus of assets. Mr. Bankman-Fried contends that FTX was solvent...

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MAGAZINE

Iolite Vol.17

January 2026 issueReleased on 2025/11/29
Interview with Andrea Baglioni, Head of Capital, Solana Foundation, Iolite FACE Vol. 17 PHOTO & INTERVIEW: Hiroaki Miyata Features: "How to Attend International Conferences" and "Predicting 2026: A Map of the Future of Crypto Assets at a Crossroads" Crypto Journey: "From FASTNAIL to a DAT Company: Convano's Financial Strategy for Holding 21,000 BTC" Interview with Taiyo Azuma, Director of Convano Inc. Series: "An Expert's Perspective on the Fluctuating Crypto Asset Market" by Kasou Nishi Series: Tech and Future by Toshinao Sasaki, etc.