SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’

SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’

Sam Bankman-Fried on Friday pushed back against the common view of FTX’s collapse, saying the exchange was not insolvent when it failed in November 2022. Related Reading: IBM Unveils Digital Asset Haven For Banks And Governments – Details According to a document posted on X on October 31, 2025, his team argues the company suffered […]


Related News

17 Years Later, Bitcoin Still Runs — Unstoppable Since Day One

Bitcoin reached a milestone this week as the nine-page whitepaper that launched it passed its 17th anniversary. The document titled “Bitcoin: A Peer-to-Peer Electronic Cash System” was first posted on October 31, 2008. Related Reading: SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’ Bitcoin Hits Its 17th Year The network itself went live when […]

Senator Calls Coinbase A ‘Corruption Factory’ — The Exchange’s CLO Fires Back

Coinbase’s top lawyer and a US senator traded fierce public claims this week, putting the exchange at the center of a fresh political fight over campaign donations and regulation. Related Reading: SBF Defends FTX: ‘We Had $8 Billion, Not Insolvency’ Allegations Of Political Payoff According to Senator Chris Murphy, Coinbase gave $46 million to support […]

Strategy CEO Defends $1.44-B Reserve: “It’s About Protecting Investor Confide...

According to remarks made on CNBC’s Power Lunch, Strategy’s CEO Phong Le said the company moved quickly to calm investor fears after Bitcoin fell sharply. The firm announced a $1.44 billion US dollar reserve on Monday, raised through a stock sale. Related Reading: Gold Buys Hit New Highs — Is Bitcoin About To Join The […]

Tom Lee Sets $200,000 Year-End Bitcoin Target As Price Defends Crucial Support

As Bitcoin (BTC) defends a pivotal support level, Tom Lee has called for the end of the crypto winter, setting massive year-end outlooks for the flagship crypto and Ethereum (ETH). Related Reading: DeFi Platform TrustedVolumes Hit By $6.7M Hack As 2026 Exploits Surge Tom Lee Shares $200,000 Bitcoin Target Tom Lee, the chairman of Ethereum’s largest treasury firm, Bitmine Technology, shared bold end-of-year price predictions for the two largest cryptocurrencies by market capitalization. During a quick-fire round of questions at Consensus 2026, the executive affirmed that Bitcoin could soar....

Cardano Founder Charles Hoskinson Defends Tornado Cash Developers

Tornado Cash is a crypto mixer that recently came under sanction from the United States government. The reasoning given for this was the fact that it was a protocol used by criminals to hide the origins of their funds. Most notably used by South Korean hackers who have stolen millions of dollars in hacks over […]