Sam Bankman-Fried (SBF), currently incarcerated for his role in the collapse of FTX, has resurfaced with a new claim: FTX was never insolvent. His X account recently uploaded a 14-page document outlining this argument, sparking controversy within the crypto community. The document disputes the $10 billion fraud conviction and instead claims FTX’s downfall was due to a liquidity crisis that could have been resolved if not for external counsel who allegedly derailed the process. It details an alleged $25 billion in assets, $16 billion in equity value at the time of collapse, and argues its portfolio would now be worth an astonishing $136 billion if lawyers hadn’t intervened.