FTX US is Completely Solvent and Withdrawals Are Open

The post FTX US is Completely Solvent and Withdrawals Are Open appeared first on Coinpedia Fintech News

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.”

SBF believed that FTX US derivatives and Ledger X, might “even be up and running right now.”