Summary:
- The article discusses the recent collapse of the cryptocurrency exchange FTX, which filed for bankruptcy in November 2022.
- It presents the perspective of an anonymous account called "SBFS X," which claims that FTX was never actually insolvent and that the FTT token, FTX's native cryptocurrency, would be worth $32 billion today if the exchange had not shut down.
- The article provides insight into the ongoing debate and speculation surrounding the reasons behind FTX's downfall, which has had a significant impact on the broader cryptocurrency market.