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SBF: Never filed for FTX bankruptcy, the real reason for FTX's collapse was lawyers who wanted to use the bankruptcy filing to steal company assets.

SBF: Never filed for FTX bankruptcy, the real reason for FTX's collapse was lawyers who wanted to use the bankruptcy filing to steal company assets.

Odaily星球日报Odaily星球日报2026/02/10 10:51
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According to Odaily, crypto KOL and Rollbit partner Alex Wice posted on X, stating that Ryan Salame was imprisoned for refusing to testify against SBF, which reflects flaws in the US judicial system. Alex Wice believes that SBF was deprived of the right to present evidence during the trial, as Judge Kaplan refused to allow the "reliance on counsel's advice" defense and excluded evidence related to solvency and terms of service.

Alex Wice pointed out that the trial narrative was a fictional story crafted by the prosecutors and Sullivan & Cromwell, aiming to place all the blame on SBF. In fact, FTX had only a very small funding gap at the time of bankruptcy. While SBF was negligent in management, he had no fraudulent intent and always tried to keep FTX running to repay customers. He believes that if SBF had not signed the bankruptcy agreement, FTX customers might have been repaid more quickly. Alex Wice calls for the release of Ryan Salame and SBF.

In response, the SBF X account posted: "I basically agree with all the above points. But FTX never went bankrupt. I never filed for bankruptcy. The lawyers took over the company, and four hours later, they filed a false bankruptcy petition in order to steal the company's assets."


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