PANews February 20th reported that FTX founder SBF released a lengthy article titled “10 Misconceptions About Me and FTX,” addressing each of the ten “rumors” about himself and FTX. The content includes denying claims such as “FTX being insolvent and evaporating $8 billion of customer assets,” “participating in multi-partner orgies,” and “being unable to raise funds and being forced into bankruptcy.” He also stated that he had received intentions to fill the liquidity gap, but the bankruptcy filing was pushed forward by lawyers. Additionally, he provided his perspective on disputes regarding margin trading liquidity, whether bankruptcy constitutes a crime, and the flow of political donations.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
A Chinese hacker group exposed itself due to an internal dispute over the division of stolen funds, having stolen approximately 7 million USD in cryptocurrency assets.
A hacker group has engaged in internal conflict over profit-sharing disputes, publicly exposing that they stole approximately $7 million in cryptocurrency assets through supply chain attacks. The group impersonated a network security company and used automated tools to obtain seed phrases and steal multi-chain wallet data, involving 37 types of tokens. The whistleblower plans to surrender to law enforcement, and details of the incident are pending investigation.
GateNews54m ago
South Korea Police Issue New Crypto Seizure Guidelines
South Korea's National Police Agency has developed guidelines for managing seized cryptocurrencies, focusing on privacy coins. This includes compliance for seizing, storing, and managing these assets, addressing challenges posed by anonymity and illegal activities.
TodayqNews1h ago
JPEX Fraud Case: Lin Zuo and 7 Others Charged with Conspiracy to Defraud, Case Adjourned to June 1 for Further Questioning
The fraud case involving virtual asset trading platform JPEX was re-heard at the Eastern Magistrates' Courts in Hong Kong on March 16, involving 8 defendants, including social media influencers and entertainers. The magistrate adjourned the case to June 1, while police have prosecuted 16 people in connection with this case.
GateNews1h ago
UK High Court Rules on Procedural Arrangements in Qian Zhimin's 60,000 BTC Money Laundering Case, Designates Lead Law Firm and Establishes Registry System
The UK High Court ruled on March 10 that established the phased lead counsel and registration system for Qian Zhimin's 60,000 BTC money laundering case, with the case entering a clearly scheduled advancement phase. Fei Shi Law Firm was designated as the phased lead counsel for 281 claimants, responsible for unified statement and argumentation.
GateNews2h ago
Trump Launches Federal Anti-Fraud Task Force Led by J.D. Vance
Donald Trump has taken a direct step to tackle rising financial crime by signing an executive order to create a federal anti-fraud task force. Announced on March 16, 2026, the initiative puts J. D. Vance in charge of leading the effort. The task force will coordinate federal agencies, investigate
Coinfomania3h ago
UK Court Allows $172M Bitcoin Theft Case as Husband Accuses Wife of Stealing Crypto via CCTV
A UK court has allowed a $172M Bitcoin theft case to proceed, where a man alleges his wife recorded his wallet recovery phrase to steal 2,323 BTC. The case highlights challenges in handling crypto disputes under existing laws.
TheNewsCrypto3h ago
