{"id":40882,"date":"2025-10-31T15:53:03","date_gmt":"2025-10-31T14:53:03","guid":{"rendered":"https:\/\/www.coinpro.ch\/uncategorized\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/"},"modified":"2025-11-04T13:19:22","modified_gmt":"2025-11-04T12:19:22","slug":"ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings","status":"publish","type":"post","link":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/","title":{"rendered":"&#8220;FTX Was Never Insolvent&#8221; \u2013 Founder SBF Laments Insolvency Proceedings"},"content":{"rendered":"<p>FTX founder SBF speaks up. Three years after the FTX crash, he gives a new assessment of the events. Without insolvency proceedings, everything would have gone well, he thinks today. The crypto exchange was never actually insolvent. In reality, the company collapsed due to embezzlement worth billions. This is how the company founder wants to clear his reputation today.<\/p>\n<div class=\"row row-collapse align-middle row-comparison\"  id=\"row-849688858\">\n\n\n\t<div id=\"col-1066615938\" class=\"col medium-3 small-6 large-3 small-col-first\"  >\n\t\t\t\t<div class=\"col-inner\"  >\n\t\t\t\n\t\t\t\n\n\n  <div class=\"banner has-hover\" id=\"banner-861693227\">\n          <div class=\"banner-inner fill\">\n        <div class=\"banner-bg fill\" >\n                                                \n                    <\/div>\n\t\t\n        <div class=\"banner-layers container\">\n            <div class=\"fill banner-link\"><\/div>            \n\n   <div id=\"text-box-1032865637\" class=\"text-box banner-layer text-box-circle x50 md-x50 lg-x50 y50 md-y50 lg-y50 res-text\">\n                                <div class=\"text-box-content text dark\">\n              \n              <div class=\"text-inner text-center\">\n                  \n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_301142951\">\n\t\t<a class=\"\" href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" rel=\"noopener\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1020\" height=\"340\" src=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1024x341.png\" class=\"attachment-large size-large\" alt=\"\" srcset=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1024x341.png 1024w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-300x100.png 300w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-768x256.png 768w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-1536x512.png 1536w, https:\/\/www.coinpro.ch\/wp-content\/uploads\/2023\/12\/bitvavo-mark-and-logo-black-2048x683.png 2048w\" sizes=\"auto, (max-width: 1020px) 100vw, 1020px\" \/>\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_301142951 {\n  width: 100%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\t<div class=\"img has-hover x md-x lg-x y md-y lg-y\" id=\"image_242847473\">\n\t\t<a class=\"\" href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" rel=\"noopener\" >\t\t\t\t\t\t<div class=\"img-inner dark\" >\n\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/a>\t\t\n<style>\n#image_242847473 {\n  width: 80%;\n}\n<\/style>\n\t<\/div>\n\t\n\n\n              <\/div>\n           <\/div>\n                            \n<style>\n#text-box-1032865637 .text-box-content {\n  background-color: rgb(255, 255, 255);\n  font-size: 100%;\n}\n#text-box-1032865637 {\n  width: 100%;\n}\n<\/style>\n    <\/div>\n \n\n        <\/div>\n      <\/div>\n\n            \n<style>\n#banner-861693227 {\n  padding-top: 99.99%;\n  background-color: rgba(255, 255, 255, 0);\n}\n<\/style>\n  <\/div>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1066615938 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-748883239\" class=\"col col-comparison-description medium-4 small-12 large-4\"  >\n\t\t\t\t<div class=\"col-inner text-left\"  >\n\t\t\t\n\t\t\t\n\n<p style=\"margin-bottom: 1em;\">Bitvavo, one of the leading exchanges from Europe (Netherlands) with a large selection of cryptocurrencies. PayPal deposit possible.  <strong>Limited time offer: \u20ac20 bonus when you sign up via CoinPro.ch<\/strong><\/p>\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-748883239 > .col-inner {\n  padding: 15px 0px 0 15px;\n}\n@media (min-width:550px) {\n  #col-748883239 > .col-inner {\n    padding: 15px 0px 15px 15px;\n  }\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-512370611\" class=\"col col-comparison-stars medium-2 small-6 large-2 small-col-first\"  >\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n<p><span style=\"font-size: 200%;\"><strong>98%<\/strong><\/span><\/p>\n\n\n<span class=\"fsrs\"><span class=\"fsrs-stars\"><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><i class=\"fsrs-fas fa-fw fa-star \"><\/i><\/span><span class=\"hide fsrs-text fsrs-text__hidden\" aria-hidden=\"false\">5.0 out of 5.0 stars<\/span><span class=\"lining fsrs-text fsrs-text__visible\">5.0<\/span><\/span>\n\n<p><a href=\"https:\/\/www.coinpro.ch\/en\/reviews-en\/bitvavo-experiences-2025-the-crypto-exchange-under-review\/\">Read review<\/a><\/p>\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-512370611 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n\t<div id=\"col-1642370240\" class=\"col medium-3 small-12 large-3\"  >\n\t\t\t\t<div class=\"col-inner text-center\"  >\n\t\t\t\n\t\t\t\n\n<a href=\"https:\/\/www.coinpro.ch\/Bitvavo-Aktion\" target=\"_blank\" class=\"button primary box-shadow-2 expand no-margin\" rel=\"noopener\"  >\n\t\t<span>Sign up with a \u20ac20 bonus<\/span>\n\t<\/a>\n\n\n\n\t\t<\/div>\n\t\t\t\t\n<style>\n#col-1642370240 > .col-inner {\n  padding: 15px 15px 15px 15px;\n}\n<\/style>\n\t<\/div>\n\n\t\n\n<\/div>\n<h2>&#8220;FTX Was Never Insolvent&#8221; \u2013 SBF Publishes Statement<\/h2>\n<p>FTX founder Sam Bankman-Fried (SBF) is showing himself to be combative again after a year and a half in US prison. With the help of a friend, he delivered a message to the public via X. <a href=\"https:\/\/drive.google.com\/file\/d\/1e2v-rcUqSFy4VI1MlWTLkJe-IeaFYBnl\/edit?pli=1\">In it,<\/a> the former billionaire claims: <em>\u201cFTX was never insolvent.\u201d<\/em><\/p>\n<p>Looking back: Experienced trader SBF founded FTX in 2019. The company quickly rose to become one of the largest crypto exchanges on earth. Just three years later, in November 2022, <a href=\"https:\/\/www.coinpro.ch\/news\/ftx-crash\/\">the company fell apart<\/a> after a bank run. Part of the drama: prominent investors, embezzlement worth billions and intrigues of the crypto scene.<\/p>\n<div class=\"brlbs-cmpnt-container brlbs-cmpnt-content-blocker brlbs-cmpnt-with-individual-styles\" data-borlabs-cookie-content-blocker-id=\"x-alias-twitter-content-blocker\" data-borlabs-cookie-content=\"PGJsb2NrcXVvdGUgY2xhc3M9InR3aXR0ZXItdHdlZXQiIGRhdGEtd2lkdGg9IjU1MCIgZGF0YS1kbnQ9InRydWUiPjxwIGxhbmc9ImVuIiBkaXI9Imx0ciI+W1NCRiBzYXlzOl08YnI+PGJyPlRoaXMgaXMgd2hlcmUgdGhlIG1vbmV5IHdlbnQuIDxhIGhyZWY9Imh0dHBzOi8vdC5jby9IVlJ3RXc1WjFrIj5odHRwczovL3QuY28vSFZSd0V3NVoxazwvYT4gPGEgaHJlZj0iaHR0cHM6Ly90LmNvLzVEckExM0w1WUUiPmh0dHBzOi8vdC5jby81RHJBMTNMNVlFPC9hPiA8YSBocmVmPSJodHRwczovL3QuY28vTzZxNzdEdm1UbiI+cGljLnR3aXR0ZXIuY29tL082cTc3RHZtVG48L2E+PC9wPiZtZGFzaDsgU0JGIChAU0JGX0ZUWCkgPGEgaHJlZj0iaHR0cHM6Ly90d2l0dGVyLmNvbS9TQkZfRlRYL3N0YXR1cy8xOTg0MDkxMDkwNzk1MDMyOTM5P3JlZl9zcmM9dHdzcmMlNUV0ZnciPk9jdG9iZXIgMzEsIDIwMjU8L2E+PC9ibG9ja3F1b3RlPjxzY3JpcHQgYXN5bmMgc3JjPSJodHRwczovL3BsYXRmb3JtLnR3aXR0ZXIuY29tL3dpZGdldHMuanMiIGNoYXJzZXQ9InV0Zi04Ij48L3NjcmlwdD4=\">\n<div class=\"brlbs-cmpnt-cb-preset-b brlbs-cmpnt-cb-x\">\n<div class=\"brlbs-cmpnt-cb-thumbnail\" style=\"background-image: url('https:\/\/www.coinpro.ch\/wp-content\/uploads\/borlabs-cookie\/1\/cb-twitter-main.png')\"><\/div>\n<div class=\"brlbs-cmpnt-cb-main\">\n<div class=\"brlbs-cmpnt-cb-content\">\n<p class=\"brlbs-cmpnt-cb-description\">You are currently seeing a placeholder content of <strong>X<\/strong>. To access the actual content, click on the button below. Please note that data will be passed on to third-party providers.<\/p>\n<p> <a class=\"brlbs-cmpnt-cb-provider-toggle\" href=\"#\" data-borlabs-cookie-show-provider-information role=\"button\">More information<\/a> <\/div>\n<div class=\"brlbs-cmpnt-cb-buttons\"> <a class=\"brlbs-cmpnt-cb-btn\" href=\"#\" data-borlabs-cookie-unblock role=\"button\">Unlock content<\/a> <a class=\"brlbs-cmpnt-cb-btn\" href=\"#\" data-borlabs-cookie-accept-service role=\"button\" style=\"display: inherit\">Accept required service and unblock content<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<p>Because FTX passed on customer deposits to its trading arm Alameda Research and invested in advertising, a total of ten billion US dollars disappeared. The embezzlement of funds should be costly for SBF.<\/p>\n<p>According to his own statements, Bankman-Fried lost almost his entire fortune in the collapse of his company conglomerate. FTX could no longer serve the massive withdrawal requests from customers. CZ, the boss of competitor and FTX investor <a href=\"https:\/\/www.coinpro.ch\/en\/reviews-en\/binance-test-experiences-2025-crypto-exchange-review\/\">Binance<\/a>, had <a href=\"https:\/\/www.coinpro.ch\/news\/ftx-crash-cz-tweet-schock-anschuldigung\/\">triggered the bank run<\/a>.<\/p>\n<p>Today, SBF thinks: That&#8217;s not how it really went. His company was indeed illiquid due to the enormous pressure to pay out, but never insolvent. In March 2024, Bankman-Fried was sentenced to 25 years in prison in the USA as head of the FTX Group. A court found him guilty in several cases of fraud and conspiracy as well as money laundering.<\/p>\n<p>He has been in custody since December 2022 \u2013 enough time to review what happened again. A few hours ago, the self-proclaimed philanthropist published a 15-page document in which he re-explains the events from his current perspective.<\/p>\n<script type=\"text\/plain\" data-tcf=\"waiting-for-consent\" data-id=\"20572\" data-bid=\"1\" data-placement=\"33872\">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<\/script><h2>That&#8217;s why SBF is Now Complaining about the Insolvency Proceedings Surrounding FTX<\/h2>\n<p>SBF now complains about the insolvency proceedings as the core of all evil. Although the FTX founder admits that there was a lack of liquid funds in November 2022 to fulfill the payouts of all customers, this project could have succeeded with enough time, as sufficient investments had been available.<\/p>\n<blockquote><p>\u201cFTX filed for bankruptcy when customers were still owed eight billion US dollars. For two years, customers received nothing back. Where did these billions go?\u201d asks the 33-year-old.<\/p>\n<p>\u201cAfter two years of delay, the estate announced that all customers can be paid out at 119 to 143 percent. (\u2026) After paying out 8 billion US dollars in debt and one billion US dollars in legal fees, the bankruptcy estate still has eight additional billions. In fact, FTX was never insolvent. There were always enough assets to fully compensate all customers (\u2026), both in November 2022 and today,\u201d explains SBF.<\/p><\/blockquote>\n<p>If he had not transferred control of the company to an insolvency administrator at the time, this liquidity crisis would have been successfully completed within a month, the founder believes.<\/p>\n<p>In fact, the FTX insolvency administration under John J. Ray III is paying out a higher US dollar amount to former customers than the underlying <a href=\"https:\/\/www.coinpro.ch\/en\/knowledge\/what-are-cryptocurrencies-explanation-for-beginners\/\">cryptocurrencies<\/a> were worth on the cut-off date, November 11, 2022. Since they only receive fiat currencies instead of their coins, many creditors are still writing off losses.<\/p>\n<p>The recovered funds come from existing reserves and deposits of the FTX Group. In addition, several companies of the conglomerate were sold.<\/p>\n<p>Blockchain analyst ZachXBT considers SBF&#8217;s presentation to be manipulative. Over the last three years, many of the underlying investments have recorded enormous profits. These prompt SBF to make his comment. At that time, in 2022, the customer deposits were still missing \u2013 due to the embezzlement by Bankman-Fried.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">[ZachXBT says:]\n<p>The creditors were paid from crypto prices at the time of the FTX Nov 2022 bankruptcy and not at current prices which caused users to take massive losses if they held assets like SOL or BTC.<\/p>\n<p>Illiquid investments worth more today are just a coincidence.<\/p>\n<p>You\u2026<\/p>\n<p>\u2014 ZachXBT (@zachxbt) <a href=\"https:\/\/twitter.com\/zachxbt\/status\/1984107747051499893?ref_src=twsrc%5Etfw\">October 31, 2025<\/a><\/p><\/blockquote>\n<p><script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The 33-year-old prisoner sees <a href=\"https:\/\/x.com\/SBF_FTX\/status\/1984120959725416849\">the main fault<\/a> with himself. He should have shown strength in the time of crisis to protect the company, customers and investors. His biggest mistake was to file for bankruptcy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FTX founder SBF speaks up. Three years after the FTX crash, he gives a new assessment of the events. Without insolvency proceedings, everything would have gone well, he thinks today. The crypto exchange was never actually insolvent. In reality, the company collapsed due to embezzlement worth billions. This is how the company founder wants to&#8230;<\/p>\n","protected":false},"author":19,"featured_media":40883,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[17325,17318],"tags":[17578,17594,17512,17644],"class_list":["post-40882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-recommendations","tag-crypto-exchange","tag-cryptocurrencies","tag-ftx-en","tag-news-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>&quot;FTX Was Never Insolvent&quot; &ndash; Founder SBF Laments Insolvency Proceedings - CoinPro.ch<\/title>\n<meta name=\"description\" content=\"FTX was never really insolvent, claims company founder SBF now. The prisoner wants to make this revelation three years after the crash.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;FTX Was Never Insolvent&quot; &ndash; Founder SBF Laments Insolvency Proceedings\" \/>\n<meta property=\"og:description\" content=\"FTX was never really insolvent, claims company founder SBF now. The prisoner wants to make this revelation three years after the crash.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinPro.ch\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinpro.ch\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-31T14:53:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-11-04T12:19:22+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2025\/10\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2000\" \/>\n\t<meta property=\"og:image:height\" content=\"1111\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lennard Merten\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CoinproCH\" \/>\n<meta name=\"twitter:site\" content=\"@CoinproCH\" \/>\n<meta name=\"twitter:label1\" content=\"Verfasst von\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lennard Merten\" \/>\n\t<meta name=\"twitter:label2\" content=\"Gesch\u00e4tzte Lesezeit\" \/>\n\t<meta name=\"twitter:data2\" content=\"4\u00a0Minuten\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/\"},\"author\":{\"name\":\"Lennard Merten\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#\\\/schema\\\/person\\\/cc1c2cd74345587d89c09d281e001231\"},\"headline\":\"&#8220;FTX Was Never Insolvent&#8221; \u2013 Founder SBF Laments Insolvency Proceedings\",\"datePublished\":\"2025-10-31T14:53:03+00:00\",\"dateModified\":\"2025-11-04T12:19:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/\"},\"wordCount\":741,\"publisher\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg\",\"keywords\":[\"Crypto exchange\",\"Cryptocurrencies\",\"FTX\",\"News\"],\"articleSection\":[\"News\",\"Recommendations\"],\"inLanguage\":\"de\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/\",\"name\":\"\\\\\\\"FTX Was Never Insolvent\\\\\\\" \u2013 Founder SBF Laments Insolvency Proceedings - CoinPro.ch\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg\",\"datePublished\":\"2025-10-31T14:53:03+00:00\",\"dateModified\":\"2025-11-04T12:19:22+00:00\",\"description\":\"FTX was never really insolvent, claims company founder SBF now. The prisoner wants to make this revelation three years after the crash.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/#breadcrumb\"},\"inLanguage\":\"de\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"de\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg\",\"contentUrl\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg\",\"width\":2000,\"height\":1111,\"caption\":\"\\\\\\\"FTX was never insolvent\\\\\\\" \u2013 Founder SBF laments insolvency proceedings Title image\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/news-en\\\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"&#8220;FTX Was Never Insolvent&#8221; \u2013 Founder SBF Laments Insolvency Proceedings\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/\",\"name\":\"CoinPro.ch\",\"description\":\"News, knowledge and background information about Bitcoin, blockchain\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"de\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#organization\",\"name\":\"Cyriax digital\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/profile-logo-original.jpg\",\"contentUrl\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2019\\\/05\\\/profile-logo-original.jpg\",\"width\":900,\"height\":900,\"caption\":\"Cyriax digital\"},\"image\":{\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/coinpro.ch\\\/\",\"https:\\\/\\\/x.com\\\/CoinproCH\",\"https:\\\/\\\/www.instagram.com\\\/coinpro.ch\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/coinpro-ch\",\"https:\\\/\\\/www.pinterest.ch\\\/coinproch\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/#\\\/schema\\\/person\\\/cc1c2cd74345587d89c09d281e001231\",\"name\":\"Lennard Merten\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"de\",\"@id\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-Lennard-Merten-96x96.png\",\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-Lennard-Merten-96x96.png\",\"contentUrl\":\"https:\\\/\\\/www.coinpro.ch\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/cropped-Lennard-Merten-96x96.png\",\"caption\":\"Lennard Merten\"},\"description\":\"Lennard ist ein \u00fcberzeugter Krypto-Enthusiast und Autor f\u00fcr verschiedene Medien mit Fokus auf die Krypto-Szene. Besonderes Augenmerk legt er auf vertrauliche Kryptow\u00e4hrungen.\",\"sameAs\":[\"https:\\\/\\\/lennard.fi\\\/\"],\"url\":\"https:\\\/\\\/www.coinpro.ch\\\/en\\\/author\\\/lennard\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"&quot;FTX Was Never Insolvent&quot; &ndash; Founder SBF Laments Insolvency Proceedings - CoinPro.ch","description":"FTX was never really insolvent, claims company founder SBF now. The prisoner wants to make this revelation three years after the crash.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/","og_locale":"en_US","og_type":"article","og_title":"&quot;FTX Was Never Insolvent&quot; &ndash; Founder SBF Laments Insolvency Proceedings","og_description":"FTX was never really insolvent, claims company founder SBF now. The prisoner wants to make this revelation three years after the crash.","og_url":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/","og_site_name":"CoinPro.ch","article_publisher":"https:\/\/www.facebook.com\/coinpro.ch\/","article_published_time":"2025-10-31T14:53:03+00:00","article_modified_time":"2025-11-04T12:19:22+00:00","og_image":[{"width":2000,"height":1111,"url":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2025\/10\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg","type":"image\/jpeg"}],"author":"Lennard Merten","twitter_card":"summary_large_image","twitter_creator":"@CoinproCH","twitter_site":"@CoinproCH","twitter_misc":{"Verfasst von":"Lennard Merten","Gesch\u00e4tzte Lesezeit":"4\u00a0Minuten"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/#article","isPartOf":{"@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/"},"author":{"name":"Lennard Merten","@id":"https:\/\/www.coinpro.ch\/en\/#\/schema\/person\/cc1c2cd74345587d89c09d281e001231"},"headline":"&#8220;FTX Was Never Insolvent&#8221; \u2013 Founder SBF Laments Insolvency Proceedings","datePublished":"2025-10-31T14:53:03+00:00","dateModified":"2025-11-04T12:19:22+00:00","mainEntityOfPage":{"@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/"},"wordCount":741,"publisher":{"@id":"https:\/\/www.coinpro.ch\/en\/#organization"},"image":{"@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/#primaryimage"},"thumbnailUrl":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2025\/10\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg","keywords":["Crypto exchange","Cryptocurrencies","FTX","News"],"articleSection":["News","Recommendations"],"inLanguage":"de"},{"@type":"WebPage","@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/","url":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/","name":"\\\"FTX Was Never Insolvent\\\" \u2013 Founder SBF Laments Insolvency Proceedings - CoinPro.ch","isPartOf":{"@id":"https:\/\/www.coinpro.ch\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/#primaryimage"},"image":{"@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/#primaryimage"},"thumbnailUrl":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2025\/10\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg","datePublished":"2025-10-31T14:53:03+00:00","dateModified":"2025-11-04T12:19:22+00:00","description":"FTX was never really insolvent, claims company founder SBF now. The prisoner wants to make this revelation three years after the crash.","breadcrumb":{"@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/#breadcrumb"},"inLanguage":"de","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/"]}]},{"@type":"ImageObject","inLanguage":"de","@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/#primaryimage","url":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2025\/10\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg","contentUrl":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2025\/10\/22FTX-war-nie-insolvent22-\u2013-Gruender-SBF-beklagt-Insolvenzverfahren-Titelbild.jpg","width":2000,"height":1111,"caption":"\\\"FTX was never insolvent\\\" \u2013 Founder SBF laments insolvency proceedings Title image"},{"@type":"BreadcrumbList","@id":"https:\/\/www.coinpro.ch\/en\/news-en\/ftx-was-never-insolvent-founder-sbf-laments-insolvency-proceedings\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/www.coinpro.ch\/en\/"},{"@type":"ListItem","position":2,"name":"&#8220;FTX Was Never Insolvent&#8221; \u2013 Founder SBF Laments Insolvency Proceedings"}]},{"@type":"WebSite","@id":"https:\/\/www.coinpro.ch\/en\/#website","url":"https:\/\/www.coinpro.ch\/en\/","name":"CoinPro.ch","description":"News, knowledge and background information about Bitcoin, blockchain","publisher":{"@id":"https:\/\/www.coinpro.ch\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.coinpro.ch\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"de"},{"@type":"Organization","@id":"https:\/\/www.coinpro.ch\/en\/#organization","name":"Cyriax digital","url":"https:\/\/www.coinpro.ch\/en\/","logo":{"@type":"ImageObject","inLanguage":"de","@id":"https:\/\/www.coinpro.ch\/en\/#\/schema\/logo\/image\/","url":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2019\/05\/profile-logo-original.jpg","contentUrl":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2019\/05\/profile-logo-original.jpg","width":900,"height":900,"caption":"Cyriax digital"},"image":{"@id":"https:\/\/www.coinpro.ch\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/coinpro.ch\/","https:\/\/x.com\/CoinproCH","https:\/\/www.instagram.com\/coinpro.ch\/","https:\/\/www.linkedin.com\/company\/coinpro-ch","https:\/\/www.pinterest.ch\/coinproch\/"]},{"@type":"Person","@id":"https:\/\/www.coinpro.ch\/en\/#\/schema\/person\/cc1c2cd74345587d89c09d281e001231","name":"Lennard Merten","image":{"@type":"ImageObject","inLanguage":"de","@id":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2022\/10\/cropped-Lennard-Merten-96x96.png","url":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2022\/10\/cropped-Lennard-Merten-96x96.png","contentUrl":"https:\/\/www.coinpro.ch\/wp-content\/uploads\/2022\/10\/cropped-Lennard-Merten-96x96.png","caption":"Lennard Merten"},"description":"Lennard ist ein \u00fcberzeugter Krypto-Enthusiast und Autor f\u00fcr verschiedene Medien mit Fokus auf die Krypto-Szene. Besonderes Augenmerk legt er auf vertrauliche Kryptow\u00e4hrungen.","sameAs":["https:\/\/lennard.fi\/"],"url":"https:\/\/www.coinpro.ch\/en\/author\/lennard\/"}]}},"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/posts\/40882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/comments?post=40882"}],"version-history":[{"count":1,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/posts\/40882\/revisions"}],"predecessor-version":[{"id":40895,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/posts\/40882\/revisions\/40895"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/media\/40883"}],"wp:attachment":[{"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/media?parent=40882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/categories?post=40882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.coinpro.ch\/en\/wp-json\/wp\/v2\/tags?post=40882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}