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FTX Recovery Math Doesn’t Add Up: Creditors Face Heavy Haircuts in Real Terms

The FTX bankruptcy saga continues to reveal harsh truths. Despite headlines of “full repayment,” the actual recovery for creditors, in real crypto terms, may be far from whole. According to Sunil, a well-known FTX creditor representative and crypto commentator, the real recovery rate sits between 9% and 46%. And that figure could be even lower [...] дальше »

2025-11-4 10:03


SBF Claims FTX Was Never Insolvent, Says Creditors Paid 120%

In a surprising twist, Sam Bankman-Fried (SBF) resurfaced on X this week with a detailed report claiming that FTX was never insolvent. The post, shared via his account @SBF_FTX, argues that the exchange always had enough assets to repay all customers in full, and accuses bankruptcy lawyers of “destroying value” through mismanagement. The report marks [...] дальше »

2025-11-1 00:48