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A document posted on Sam Bankman-Fried’s X account suggests that FTX was never bankrupt and had enough assets to repay customers despite filing for Chapter 11 in November 2022. The document highlights FTX’s substantial assets and claims that the company’s estate still holds $8 billion after settling liabilities and legal fees. The post triggered a brief surge in FTX Token’s price and has sparked controversy and speculation within the crypto community.
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