bankruptcy - Bpaynews

SBF Claims FTX Was Not Insolvent, Attributes Issues to Liquidity Crun

Latest News / Bpay News / October 31, 2025 / bankruptcy, FTX, insolvency, liquidity, liquidity crunch

liquidity crunch Former FTX CEO Sam Bankman-Fried asserts that the cryptocurrency exchange was not genuinely insolvent at the time of its bankruptcy filing. He emphasizes that the primary challenge was a liquidity crisis. Bankman-Fried’s statements suggest that the financial troubles stemmed from a lack of immediate cash flow rather than deeper insolvency issues. This perspective […]

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SBF: FTX’s Major Bankruptcy Error was Transferring Control to New Management

SBF has stated that one of the most significant mistakes made by FTX during its bankruptcy proceedings was the decision to transfer control of the company to a new management team. This move, according to SBF, had critical implications for the company’s direction and strategy during a challenging time. By handing over the reins to