FTX Estate Plans 2025 Payouts At 2022 Prices, Giving SBF An Opening To Blame Lawyers

By Coin Edition
3 days ago
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  • Sam Bankman-Fried, posting through a proxy, said FTX had enough assets to repay creditors in kind when lawyers took over, including the full $6.5B disputed-claims reserve
  • He accused the debtors’ team of holding funds and keeping a solvent exchange in Chapter 11, echoing frustrations from some creditors about dollar-based 2025 payouts
  • On-chain investigator ZachXBT pushed back by resurfacing the $40M China-bribery flow tied to SBF, challenging his version of events

Convicted FTX CEO Sam Bankman-Fried has accused the firm’s bankruptcy lawyers of mismanaging assets and blocking faster customer repayments. 

SBF Repeats Solvency Claim From Proxy Account

Communicating by proxy, Bankman-Fried claimed FTX had enough money to repay creditors in kind when the lawyers took over the company, including a current balance to cover the entire $6.5 billion ‘disputed claims …

Read The Full Article FTX Estate Plans 2025 Payouts At 2022 Prices, Giving SBF An Opening To Blame Lawyers On Coin Edition.

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