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FTX US is Completely Solvent and Withdrawals Are Open

Author: Qadir AK

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Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Sam Bankman-Fried, also known as SBF, commented on the FTX US’s solvency in a recent interview conducted by Andrew Ross Sorkin for The New York Times at the publication’s annual DealBook Summit.

He said that “The US platform—the US-regulated platform with American users—to my knowledge, that’s fully solvent. That’s fully funded and I believe that withdrawals could be opened up today and everyone could be made whole from that.”

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