SBF Claims FTX Was Solvent, Blames Lawyers for Collapse

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Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, has asserted that the platform was solvent at the time of its collapse in November 2022. In recent statements, Bankman-Fried, who is currently serving a 25-year prison sentence, claims that external lawyers and the bankruptcy team are responsible for the exchange's downfall, not a lack of funds.

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