Sam Bankman-Fried Claims Mismanagement, Not Insolvency, Led to FTX Collapse

**Sam Bankman-Fried Disputes FTX Insolvency Claims in Explosive Prison Interview**

Former FTX CEO Sam Bankman-Fried made shocking revelations during an October 15, 2025 prison interview, claiming the collapsed cryptocurrency exchange was never truly insolvent. The disgraced crypto mogul insisted FTX's assets exceeded liabilities when the company filed for bankruptcy, contradicting widespread industry beliefs about the exchange's financial demise.

Bankman-Fried shifted blame to bankruptcy professionals and regulators, arguing they caused the massive value destruction that devastated investors and shook confidence in the broader cryptocurrency market. His statements could have significant implications for ongoing legal proceedings and regulatory scrutiny surrounding the FTX collapse.

The interview adds new controversy to one of crypto's biggest scandals, which sent shockwaves through Bitcoin, DeFi platforms, and blockchain markets globally. FTX's spectacular fall highlighted risks in centralized crypto exchanges and prompted calls for stronger regulatory oversight in the digital asset space.

These explosive claims from the former crypto billionaire may influence ongoing recovery efforts for FTX creditors and reshape public understanding of the exchange's collapse that rocked the cryptocurrency industry.