- FTX reportedly holds $136 billion in assets, including major stakes in Anthropic, Robinhood, and Solana.
- Bankruptcy officials confirm 98% of creditors received 120% reimbursements, with total recovery possibly reaching 143%.
- Legal reviews continue to assess FTX’s asset valuations and the legitimacy of Bankman-Fried’s bankruptcy denial.
Sam Bankman-Fried, founder of the collapsed cryptocurrency exchange FTX, has stated that the company was never bankrupt. He maintains that all customer funds remain intact and insists that reports of an $8 billion shortfall were inaccurate.
According to him, the funds were never withdrawn from the exchange, and the platform retained the capacity to cover liabilities. Authorities overseeing the bankruptcy case confirmed that 98% of FTX’s creditors have already received reimbursements equal to 120% of their approved claims.
Detailed Asset Portfolio Uncovered
Data from the ongoing bankruptcy proceedings indicate that FTX continues to control a substantial portfolio of assets, exceeding $136 billion. These holdings include both cryptocurrency and traditional investments. According to a post on X by Rand, among the most valuable assets are $14.3 billion in Anthropic shares, $7.6 billion in Robinhood stock, and $12.4 billion represented by 58 million SOL tokens.
Source: XAdditional holdings include $2.9 billion in 890 million SUI tokens, $2.3 billion in 205,000 BTC, and $600 million in 225.4 million XRP. The records also identify 112,600 ETH valued at $500 million, $1.7 billion in cash, and $345 million in stablecoins. Despite facing over $8 billion in customer claims and legal costs surpassing $1 billion, FTX reportedly holds an $8 billion surplus after all liabilities.
This outcome has changed the outlook surrounding one of the largest cryptocurrency collapses in U.S. history. Bankman-Fried has stated that “FTX was open to resolution,” implying the company could have avoided bankruptcy under different circumstances. Court filings now indicate that customer claims may reach between 119% and 143% in total recovery.
Legal and Industry Implications
The statements have redirected attention toward how FTX’s assets were managed throughout the bankruptcy process. Legal observers anticipate further developments that may confirm the true value of these holdings. If verified, the findings could influence ongoing court decisions and creditor settlements. The case continues to draw close scrutiny due to its scale and potential financial implications.
The developments surrounding FTX’s finances continue to reshape perceptions of the company’s collapse. The emergence of an apparent asset surplus has become a focal point for both creditors and regulators. As proceedings continue, the court’s findings are expected to determine the final outcome of customer reimbursements and the platform’s remaining value.
