SBF: FTX was solvent and is currently compensating customers at a rate of 119%-143%.

2026-02-21 01:33:10

Mars Finance reports that SBF posted on X stating he listed 10 “myths” about himself and FTX, with the first being “FTX insolvent / $8 billion missing.” SBF said the fact is that FTX was solvent and is currently compensating customers at a rate of 119% to 143%. He added that FTX could have repaid customers in physical assets, but after lawyers paid themselves $1 billion, they chose to quickly split assets and slowly repay customers.

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