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Podcast: Sam Bankman-Fried - Biography Flash
Episode: SBF's $138B Claim: FTX Solvency Debate Reignites Ahead of Appeal
Description: Sam Bankman-Fried BioSnap a weekly updated Biography.Sam Bankman-Fried has been back at the center of crypto headlines over the past few days, sparking fresh controversy and chatter far beyond the courtroom. On his X account, Sam has published a new statement—alongside a longer 14 to 15-page document—boldly claiming that FTX was never actually insolvent. He insists the real issue was a liquidity crunch triggered by a classic bank run, not fraud or financial mismanagement. According to Sam, when FTX collapsed in November 2022, the exchange held $25 billion in assets against $8 billion in withdrawal demands, and if the pani...