X @Wu Blockchain
Wu Blockchain·2025-10-31 03:07

SBF: FTX was never insolvent. The $8 billion in customer assets owed when FTX filed for bankruptcy protection never left the platform, and all customers will receive 119% to 143% repayment, with about 98% of creditors already paid 120%. After covering $8 billion in claims and $1 billion in legal fees, the bankruptcy estate still has $8 billion left.https://t.co/IGudaJOotO ...