It was his biggest public defense since the Department of Justice filed eight counts of fraud, money laundering and other charges against Bankman-Fried last month, and the Securities and Exchange Commission and Commodity Futures Trading Commission filed related civil complaints.Bankman-Fried wrote Thursday that FTX’s financial picture post-bankruptcy was less bleak than the company’s many legal and government critics have alleged.For instance, “FTX US is fully solvent and always has been,” he wrote of the company’s American division, saying that it was “ridiculous that FTX US users haven’t been made whole and gotten their funds back yet.”But while attorneys for the restructured FTX said in bankruptcy court Wednesday that they had recovered some $5 billion to help repay creditors, they say the process is not simple.John J. Ray, the veteran bankruptcy executive brought in to try to clean up FTX, has said tracking down the swarm of accounts and subsidiaries amid a host of incomplete bookkeeping will take months.Though Alameda was a firm he helped found and was run by people to whom he remained close, Bankman-Fried sought to portray FTX as a discrete victim of Alameda’s troubles, similar to how a host of independent crypto companies have been affected by broader contagion in the market."