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