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Quant Fund
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New
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GUSD Minting
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🚨BREAKING:
Sam Bankman-Fried says FTX was never bankrupt and that he did not file for bankruptcy.
------
He adds,
Control of the company was taken over by lawyers, and that a bankruptcy filing followed hours later.
The statement references internal discussions suggesting was solvent at the time and should have been preserved as a going concern.
These are his assertions.