FTX Bankruptcy: Sam Bankman-Fried Alleges Lawyer Delays in Repaying Debtors

Sam Bankman-Fried, through a proxy account, claims FTX possessed enough assets to repay creditors in kind during the takeover by lawyers. This assertion refutes concerns regarding delayed customer repayments and dollar-based payouts scheduled for 2025. SBF’s comments come amid allegations of asset mismanagement from debtors’ representatives who are currently exploring ways to accelerate payments. The statement further underscores SBF’s contention that his legal team is obstructing a more rapid resolution process.