SBF’s Bombshell Defense: FTX Was Never Insolvent, Claims $8B Customer Assets Intact

Former FTX CEO Sam Bankman-Fried drops legal bombshell—denies exchange ever faced insolvency while revealing $8 billion in customer assets.

The Contrarian Argument

SBF's legal team fires back against bankruptcy claims, presenting evidence of substantial customer holdings that allegedly remained secure throughout the exchange's operational period. The defense strategy pivots on proving financial stability existed right up until regulatory intervention.

Numbers Don't Lie

Court documents reveal the $8 billion figure represents customer assets that supposedly never left FTX's control—a stark contrast to previous bankruptcy filings that painted a picture of catastrophic financial mismanagement.

Legal Chess Match

Prosecutors counter that asset valuation methods remain questionable, while SBF's team insists the numbers speak for themselves. The legal battle intensifies as both sides present conflicting interpretations of the same financial records.

Another day, another billionaire claiming the money was there all along—just conveniently misplaced during regular business hours. The crypto world watches as legal arguments clash over what constitutes actual solvency versus theoretical asset availability.