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SBF: FTX debtors are still withholding funds, and the platform has always been solvent and never insolvent

Nov 7, 2025 08:21:00

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FTX founder SBF retweeted a post "satirizing the FTX bankruptcy management process" and stated that FTX has always been solvent and never insolvent, whether before the bankruptcy filing, on the filing date, or after. FTX debtors are still withholding funds, which deserves more attention.

SBF stated he will appeal to overturn the 25-year sentence, arguing that the FTX case was "predetermined guilty," and he had no intent to defraud customers, always believing that user funds would be fully repaid. SBF's lawyer in the New York appellate court argued that his fraud trial was fundamentally unfair and sought to overturn his fraud conviction on that basis.

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