Sam Bankman-Fried has released a comprehensive document asserting that FTX was never insolvent. The lengthy document aims to provide clarity regarding the financial status of the cryptocurrency exchange. Bankman-Fried’s statement seeks to counter recent narratives suggesting the company’s insolvency. He emphasizes that FTX maintained a solid financial foundation during its operations. The document outlines various aspects of FTX’s financial health and transactions, arguing against claims of insolvency.
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