SBF Team Says “FTX Was Never Bankrupt,” Creditors Receive 120% Repayment

The team representing Sam Bankman-Fried (SBF) has revealed that FTX held approximately $136 billion in assets on the petition date. They have also asserted that "FTX was never bankrupt." This statement has drawn significant criticism from the crypto community, who accuse SBF of spreading falsehoods.