SBF’s X Account Bombshell: FTX Was Never Actually Insolvent—FTT Would Be Worth $22B Today
Sam Bankman-Fried's social media account just dropped a nuclear take on the crypto world.
The Alternate Reality
According to posts from SBF's X account, FTX was never actually insolvent during its catastrophic collapse. The platform claims that if things had played out differently, FTT tokens would be sitting at a staggering $22 billion valuation today.
That's right—the exchange that vaporized billions in customer funds apparently believes it was fundamentally sound all along.
The $22 Billion Ghost
The math suggests FTT would be trading at levels that would make current market leaders blush. For context, that valuation would put the token in rarefied air among the biggest crypto assets globally.
Of course, this all assumes regulators and angry customers would have just stood by while the numbers magically worked themselves out—typical finance magic where the spreadsheet always balances in the end.
Market Reaction: Collective Eye-Roll
Crypto veterans are treating this revelation with the skepticism it deserves. When your defense is 'we would have been rich if people hadn't noticed we were broke,' you might want to reconsider your argument.
The ultimate irony? The same platform that couldn't keep track of customer funds now wants us to believe in their alternative accounting universe.
