Through a monitored X social media account managed by a friend, FTX founder Sam Bankman-Fried has shared new details about what happened to users’ crypto after he was incarcerated for misusing funds , which led to the loss of approximately $10 billion in customer deposits. SBF claims that most customer assets were never lost and that nearly all legitimate claims have already been repaid. His statements have sparked renewed discussions about FTX’s collapse , the controversial bankruptcy process, and his role in the events that followed.

FTX Founder Claims Customer Funds Were Never Lost

In his latest X posts, SBF addressed the question on many minds about where customers’ money went. He said that the funds never left, and about 98% of all allowed customer claims hav

See Full Page