The post Sam Bankman-Fried Breaks Silence With ‘10 Myths’ Thread As He Challenges FTX Narrative appeared on BitcoinEthereumNews.com.

Sam Bankman-Fried has re-entered the public conversation with a lengthy social media thread outlining what he calls “10 myths” surrounding the collapse of FTX. In the post, he disputes longstanding claims about insolvency, denies the existence of a secret Alameda Research backdoor, and argues that his criminal trial was fundamentally unfair. The thread represents one of his most detailed public responses since the exchange’s failure shook global crypto markets. Framed as a direct rebuttal to prosecutors, media coverage, and public perception, the message attempts to reshape the narrative around both his leadership and the sequence of events that led to bankruptcy. SBF’s decision to speak out again underscores how the legal and reputational battles tied to FTX remain far from settled. By publicly challenging key elements of the case against him, he is effectively reopening debates about responsibility, governance, and the interpretation of complex financial failures in the digital asset industry. 10 Myths About Me & FTX 1) Myth: FTX was insolvent / $8b vanished Prosecutors to jurors: I had “more debts than assets”; “there’s this giant, massive, unrepayable hole” Debtors to my judge/Congress: my claim “FTX was solvent” is “false”; I “lost $8b of customer money” Media… pic.twitter.com/xbpdjvHUzp — SBF (@SBF_FTX) February 20, 2026 Claims Of Solvency And Customer Repayments One of the central arguments in Bankman-Fried’s thread is his assertion that FTX was not insolvent at the time of its collapse. He rejects the widely cited claim that billions of dollars in customer funds vanished, instead stating that the exchange had more assets than liabilities and is in the process of repaying customers between 119% and 143% of their balances. According to his account, the perception of a massive deficit was driven by how the bankruptcy process unfolded rather than by the exchange’s actual financial condition. He argues…

---

Filed under: News - @ February 21, 2026 7:25 am