Sam Bankman-Fried, former CEO of FTX, asserts that the cryptocurrency exchange was never insolvent, despite its bankruptcy filing. He claims that the $8 billion in customer assets owed remained on the platform, ensuring that all customers will receive between 119% and 143% repayment. According to Bankman-Fried, approximately 98% of creditors have already been paid 120% of their claims. Bankman-Fried further states that after settling $8 billion in claims and $1 billion in legal fees, the bankruptcy estate still retains $8 billion. This statement comes amid ongoing legal proceedings and scrutiny over FTX's financial practices.