{"id":55999,"date":"2025-10-31T14:01:32","date_gmt":"2025-10-31T14:01:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=55999"},"modified":"2025-10-31T14:01:32","modified_gmt":"2025-10-31T14:01:32","slug":"ftx-was-fine-until-they-took-it-sbfs-explosive-letter-blames-lawyers-but-would-trump-really-pardon-him","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=55999","title":{"rendered":"&#8216;FTX Was Fine Until They Took It&#8217;: SBF&#8217;s Explosive Letter Blames Lawyers, But Would Trump Really Pardon Him?"},"content":{"rendered":"<div>\n<p>Convicted <strong>FTX<\/strong> founder <strong>Sam Bankman-Fried<\/strong> said in a new 15-page letter that FTX &#8220;was never insolvent&#8221; and blamed lawyers for destroying what he called a <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/07\/46299634\/ftx-bitcoin-recovery-might-be-one-in-a-million-most-people-never-get-lost-crypto-back\">$136 billion enterprise<\/a>.<\/p>\n<h3 class=\"wp-block-heading\">SBF Says FTX Could Have Repaid Users<\/h3>\n<p>In the document dated Sept. 30, Bankman-Fried <a href=\"https:\/\/www.theblock.co\/post\/377088\/sbf-says-ftx-was-solvent\">claimed<\/a> FTX and Alameda Research entered the November 2022 liquidity crunch with $25 billion in assets and $16 billion in equity, enough to meet the $8 billion in withdrawal requests that triggered the collapse.<\/p>\n<p>He wrote that the issue was a &#8220;liquidity crisis,&#8221; not insolvency, and that funds could have been restored within weeks &#8220;until external counsel seized control.&#8221;<\/p>\n<p>The letter accuses FTX&#8217;s bankruptcy team of misrepresenting the company&#8217;s finances and filing for Chapter 11 protection despite having sufficient assets to pay creditors.<\/p>\n<p>Bankman-Fried alleged that lawyers &#8220;decimated &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48557920\/ftx-was-fine-until-they-took-it-sbfs-explosive-letter-blames-lawyers-but-would-trump-really?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"'FTX\" was fine until they took it sbf explosive letter blames lawyers but would trump really pardon him>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Convicted FTX founder Sam Bankman-Fried said in a new 15-page letter that FTX &#8220;was never insolvent&#8221; and blamed lawyers for destroying what he called a $136 billion enterprise. SBF Says FTX Could Have Repaid Users In the document dated Sept. 30, Bankman-Fried claimed FTX and Alameda Research entered the November 2022 liquidity crunch with $25 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-55999","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=55999"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/55999\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=55999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=55999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=55999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}