{"id":73350,"date":"2026-02-20T19:16:33","date_gmt":"2026-02-20T19:16:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=73350"},"modified":"2026-02-20T19:16:33","modified_gmt":"2026-02-20T19:16:33","slug":"sam-bankman-fried-calls-ftx-collapse-a-liquidity-crisis-not-fraud","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=73350","title":{"rendered":"Sam Bankman-Fried Calls FTX Collapse A Liquidity Crisis, Not Fraud"},"content":{"rendered":"<div>\n<p><strong>Sam Bankman-Fried <\/strong>is pushing back on what he calls widespread misconceptions about FTX&#8217;s collapse, arguing the exchange faced a liquidity crisis rather than insolvency or fraud.<\/p>\n<h2 class=\"wp-block-heading\"><strong>\u2018FTX Was Not Insolvent&#8217;<\/strong><\/h2>\n<p>Sam Bankman-Fried <a href=\"https:\/\/x.com\/SBF_FTX\/status\/2024839396185219101?s=20\">contended<\/a> on X on Friday that FTX was solvent at the time of its bankruptcy filing and that customer funds did not permanently disappear.<\/p>\n<p>He claimed the company is now repaying customers between 119% and 143% of their claims. <\/p>\n<p>According to Bankman-Fried, FTX could have repaid customers in kind but was pushed into bankruptcy too quickly. <\/p>\n<p>He alleges that legal fees totalling roughly $1 billion have drained the estate as lawyers dismantled the company and managed the repayment &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/02\/50760209\/sam-bankman-fried-calls-ftx-collapse-a-liquidity-crisis-not-fraud?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Sam\" bankman-fried calls ftx collapse a liquidity crisis not fraud>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sam Bankman-Fried is pushing back on what he calls widespread misconceptions about FTX&#8217;s collapse, arguing the exchange faced a liquidity crisis rather than insolvency or fraud. \u2018FTX Was Not Insolvent&#8217; Sam Bankman-Fried contended on X on Friday that FTX was solvent at the time of its bankruptcy filing and that customer funds did not permanently [&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-73350","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\/73350","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=73350"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/73350\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=73350"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=73350"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=73350"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}