Finance

Bankman-Fried claims FTX US ‘fully solvent,’ denies stealing customer funds

By Ryan King
Published January 12, 2023 10:11am ET
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Bankman-Fried claims FTX US ‘fully solvent,’ denies stealing customer funds
Disgraced crypto mogul Sam Bankman-Fried claimed FTX US is “fully solvent and always has been” after he was arrested on fraud charges. While FTX US should be “able to return all customers’ funds,” FTX International remains mired by insolvency, but “no funds were stolen,” Bankman-Fried insisted in a blog post in which he vowed to dedicate […]

Disgraced crypto mogul Sam Bankman-Fried claimed FTX US is “fully solvent and always has been” after he was arrested on fraud charges.

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Cryptocurrency Finance Fraud FTX News