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FTX Estate Plans 2025 Payouts At 2022 Prices, Giving SBF An Opening To Blame Lawyers


by Ikemefula Aruogu
for CoinEdition
FTX Estate Plans 2025 Payouts At 2022 Prices, Giving SBF An Opening To Blame Lawyers

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  • Sam Bankman-Fried, posting through a proxy, said FTX had enough assets to repay creditors in kind when lawyers took over, including the full $6.5B disputed-claims reserve
  • He accused the debtors’ team of holding funds and keeping a solvent exchange in Chapter 11, echoing frustrations from some creditors about dollar-based 2025 payouts
  • On-chain investigator ZachXBT pushed back by resurfacing the $40M China-bribery flow tied to SBF, challenging his version of events

Convicted FTX CEO Sam Bankman-Fried has accused the firm’s bankruptcy lawyers of mismanaging assets and blocking faster customer repayments. 

SBF Repeats Solvency Claim From Proxy Account

Communicating by proxy, Bankman-Fried claimed FTX had enough money to repay creditors in kind when the lawyers took over the company, including a current balance to cover the entire $6.5 billion ‘disputed claims …

Read The Full Article FTX Estate Plans 2025 Payouts At 2022 Prices, Giving SBF An Opening To Blame Lawyers On Coin Edition.

Read the article at CoinEdition

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FTX Estate Plans 2025 Payouts At 2022 Prices, Giving SBF An Opening To Blame Lawyers


by Ikemefula Aruogu
for CoinEdition
FTX Estate Plans 2025 Payouts At 2022 Prices, Giving SBF An Opening To Blame Lawyers

Share:

  • Sam Bankman-Fried, posting through a proxy, said FTX had enough assets to repay creditors in kind when lawyers took over, including the full $6.5B disputed-claims reserve
  • He accused the debtors’ team of holding funds and keeping a solvent exchange in Chapter 11, echoing frustrations from some creditors about dollar-based 2025 payouts
  • On-chain investigator ZachXBT pushed back by resurfacing the $40M China-bribery flow tied to SBF, challenging his version of events

Convicted FTX CEO Sam Bankman-Fried has accused the firm’s bankruptcy lawyers of mismanaging assets and blocking faster customer repayments. 

SBF Repeats Solvency Claim From Proxy Account

Communicating by proxy, Bankman-Fried claimed FTX had enough money to repay creditors in kind when the lawyers took over the company, including a current balance to cover the entire $6.5 billion ‘disputed claims …

Read The Full Article FTX Estate Plans 2025 Payouts At 2022 Prices, Giving SBF An Opening To Blame Lawyers On Coin Edition.

Read the article at CoinEdition

Share:

Share:

Read More

Bitcoin Price Loses $90K Support Despite Trump’s Softer Greenland Stance: Weekly Crypto Recap

Bitcoin Price Loses $90K Support Despite Trump’s Softer Greenland Stance: Weekly Crypto Recap

The geopolitical tension was quickly developing in the past week and BTC, alongside t...
Two Supply Walls Block A 50% Onyxcoin Price Rally — Can Whales Break Through?

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