Article Summary

**Sam Bankman-Fried Claims FTX "Was Never Insolvent" in Controversial Prison Interview** Former FTX CEO Sam Bankman-Fried has sparked controversy in the cryptocurrency community with explosive claims that his collapsed exchange "was never insolvent." Speaking from prison to conservative X account @amuse, Bankman-Fried argued that FTX's assets exceeded liabilities at the time of bankruptcy filing, alleging that bankruptcy professionals "destroyed value instead of preserving it." The interview has ignited fierce debate across crypto Twitter, with industry experts and Bitcoin enthusiasts dismissing the statements as "spin" aimed at rehabilitating SBF's damaged reputation. FTX's dramatic collapse in November 2022 sent shockwaves through the cryptocurrency market, wiping billions in value from digital assets including Bitcoin, Ethereum, and DeFi tokens. Legal experts question the timing of these claims, given Bankman-Fried's ongoing legal battles and the billions in customer funds that remain missing. The cryptocurrency exchange's bankruptcy proceedings revealed massive holes in customer deposits, contradicting SBF's latest assertions about solvency and raising fresh questions about accountability in the blockchain ecosystem.