Blockchain analyst ZachXBT has criticized Sam Bankman-Fried (SBF) for allegedly spreading misleading information regarding the FTX bankruptcy. On October 31, 2025, ZachXBT highlighted that creditors were compensated based on cryptocurrency prices from November 2022, leading to substantial losses for users holding assets like SOL or BTC. He emphasized that the recent recovery in the value of illiquid assets was merely coincidental. ZachXBT accused SBF of failing to learn from his prison experience, continuing to repeat past mistakes. He also pointed out that FTX was unable to pay users at the time of its bankruptcy, yet SBF has been blaming the insolvency team for the crisis.