FTX co-founder Sam Bankman-Fried denies allegations that he stole billions in user funds.
Caroline Ellison and Zixiao "Gary" Wang, both of whom pleaded guilty to charges of fraud. Bankman-Fried's post did not acknowledge their cooperation with federal probes.
In his post, Bankman-Fried also noted that other crypto firms have been "blown out." He did not acknowledge that three of those firms — BlockFi, Genesis and Gemini —Many of his claims were ones he's made before, including that FTX US remained solvent, that Alameda's liquidity crisis was not due to misconduct but because of broader market turbulence, and that FTX International and Alameda were wholly legitimate, profitable businesses.
The former FTX CEO also pointed to a Nov. 6 tweet from Binance's Zhao as the culmination of an "extremely effective months-long PR campaign against FTX." Zhao has denied those claims. "FTX killed themselves [...] because they stole billions of dollars," the Binance CEOAt the end of the post, Bankman-Fried doubled down. "All of which is to say: no funds were stolen," the 30-year-old wrote.
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