SBF Twitter account retweet report stated that FTX was merely a "liquidity crisis" at the time, not a real bankruptcy

Techub News, Sam Bankman-Fried (SBF) retweeted a report titled "FTX: Where Did The Money Go?". The report stated that FTX was never actually insolvent, and customer assets were always sufficient for full repayment. The document indicated that approximately 98% of creditors have received 120% compensation, and after paying about $8 billion in claims and $1 billion in legal fees, the bankruptcy estate still has $8 billion remaining. The report stated, "The crisis FTX faced in November 2022 was a liquidity crisis, meaning a sudden shortage of cash. This crisis was expected to be resolved by the end of the month until FTX's external advisors took control. Even when FTX's lawyers placed it into bankruptcy, it was never insolvent."