SBF publishes a lengthy article denying multiple allegations against himself and FTX one by one

PANews February 20th reported that FTX founder SBF released a lengthy article titled “10 Misconceptions About Me and FTX,” addressing each of the ten “rumors” about himself and FTX. The content includes denying claims such as “FTX being insolvent and evaporating $8 billion of customer assets,” “participating in multi-partner orgies,” and “being unable to raise funds and being forced into bankruptcy.” He also stated that he had received intentions to fill the liquidity gap, but the bankruptcy filing was pushed forward by lawyers. Additionally, he provided his perspective on disputes regarding margin trading liquidity, whether bankruptcy constitutes a crime, and the flow of political donations.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Latam Insights: Ripple Accelerates Brazilian Expansion, Brazil Backpedals on Crypto Taxation

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Ripple makes moves to accelerate its expansion into Brazil, the Brazilian government is reportedly backpedaling on its crypto taxation plans, and Argentina bans access to

Coinpedia2h ago

Crypto Exchange CoinDCX Co-Founders Held on Fraud Charges

CoinDCX co-founders Sumit Gupta and Neeraj Khaderwal were arrested on fraud allegations involving ₹71.6 lakh. A complainant claimed to have been deceived through promises of high returns. CoinDCX denies the allegations, calling them false and conspiratorial.

TheNewsCrypto2h ago

FTX to Compensate at 2022 Coin Prices, SBF's Parents' Defense of Son Rejected by Creditors

FTX founder SBF's parents argued in a CNN interview that customer funds were never lost, claiming full compensation had been made. However, creditors countered that the compensation was calculated based on cryptocurrency prices at the time of bankruptcy in 2022, meaning they actually lost the potential for asset appreciation. SBF is now sentenced to 25 years, and the possibility of a pardon is also extremely low.

MarketWhisper2h ago

ZachXBT Exposes Fake Account Warning of War-Related Crypto Scams

Blockchain investigator ZachXBT warns about a fraudulent account named "Rashid bin Saeed," suspected of misleading users into cryptocurrency "pump-and-dump" schemes. Despite having over 353,000 followers, it was only verified in February 2026 and often changes its name, promoting low-cap meme coins like CHIBI. This highlights a familiar pattern of gaining followers through sensational content before pushing low-liquidity tokens. The warning comes as the Crypto Fear and Greed Index plunges into extreme fear, increasing market manipulation risks.

TapChiBitcoin2h ago

SBF's Parents Accept CNN Interview Claiming Customer Funds Fully Repaid, Question Conviction

Sam Bankman-Fried's parents accepted a CNN interview, arguing that his conviction was unjust and claiming that FTX customer funds have been fully repaid. The FTX Recovery Trust will conduct a fourth distribution of approximately $2.2 billion. Despite the repayments, FTX creditor representatives stated they have not received full compensation, Joseph Bankman's actions contradicted the regulatory framework, and the family hopes Trump will lend a hand.

GateNews3h ago

US SEC Ends Investigation into Faraday Future, Will Take No Enforcement Action

The U.S. Securities and Exchange Commission (SEC) concluded its investigation into Faraday Future on March 23rd, taking no action against the company or related individuals. Jia Yueting stated that the company will focus all efforts on strategic execution and value creation in its core business.

GateNews5h ago
Comment
0/400
No comments