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The SBF account posted again: FTX never truly went bankrupt; what happened back then was essentially a liquidity crisis.
2025-10-31 03:19

Odaily Planet Daily reports that the SBF account today posted an image of an article titled "FTX: Where Did The Money Go?", authored by SBF himself and his team, and last updated on September 30, 2025.

The article outlines FTX's payouts in recent years and emphasizes that FTX's crisis in November 2022 was essentially a liquidity crisis, i.e., a temporary shortage of funds. The problem was originally expected to be resolved by the end of the month—until FTX's outside lawyers took over the company. FTX never truly went bankrupt, not even when its lawyers pushed it into bankruptcy proceedings.