Sam Bankman-Fried Claims FTX Liquidation Cost $114 Billion in Future Gains

Highlights:

• The FTX liquidation plan sold key assets early at lower prices during market weakness.
• AI and crypto recovery pushed major investments like Anthropic and Solana to higher valuations.
• FTX liquidation payouts rely on earlier asset values instead of the current market prices.

An X post linked to Sam Bankman-Fried stated on April 22 that FTX’s top investments could now be worth about $114 billion. The estimate includes six assets that FTX and Alameda Research sold during bankruptcy to raise funds for creditors. The claim compares the prices FTX received during asset sales with current market valuations to show the difference in value.

FTX MISSED $114B OPPORTUNITY SAYS SBF

SBF’s X account has claimed FTX’s top holdings could be worth $114 billion today, if lawyers hadn't sold them.

The estimate assumes core assets were not liquidated during bankruptcy proceedings.

Anthropic leads the list with a projected… pic.twitter.com/w5qXZNET2h

— BSCN (@BSCNews) April 23, 2026

Anthropic holds the largest share at an estimated $82.3 billion. FTX and Alameda Research invested $500 million in Anthropic to gain early exposure to the development of artificial intelligence. The bankruptcy team later sold the stake for about $880 million to support creditor repayments.

SpaceX accounts for about $15 billion based on private market estimates that reflect its latest valuation growth. FTX invested in SpaceX to gain exposure to aerospace and technology sectors beyond crypto markets. Solana holdings now stand near $5.1 billion after the token price recovered from the decline that followed the FTX collapse.

FTX and Alameda supported Solana as early investors and held large token reserves before the exchange collapsed. Robinhood shares add about $4.9 billion after authorities seized and sold the stake during legal proceedings. Genesis Digital Assets contributes about $3.5 billion after Bitcoin mining profitability improved.

Cursor adds an estimated $3 billion after its valuation increased following early investment by Alameda Research. FTX sold these assets at lower prices during market weakness following its collapse.

Key Investments Grew Strong After Market Recovery

The rise of artificial intelligence firms and the recovery of crypto markets increased the value of these assets after the FTX liquidation. AI companies gained value as global demand for machine learning systems increased across industries. Anthropic expanded research and formed partnerships with major firms, which increased its valuation to tens of billions.

Solana recovered after its price dropped during the FTX collapse, when investor confidence declined across crypto markets. Meanwhile, Alameda Research invested about $200,000 in Cursor during its early funding stage. The bankruptcy team sold this stake at the same value to support liquidity needs.

FTX invested about $100 million in Mysten Labs, which supports the SUI blockchain ecosystem. FTX sold the Mysten Labs stake near its entry price to raise funds during financial pressure in bankruptcy. Mysten Labs reached a valuation of nearly $4.8 billion as interest in the SUI ecosystem increased.

FTX Liquidation Decisions Focused on Cash Needs and Risk Control

The restructuring team sold assets to secure funds needed to run FTX’s bankruptcy process and repay creditors. The team needed cash to cover legal fees, system audits, and administrative costs tied to the case. The restructuring team acted under U.S. bankruptcy law, which required repayment using available liquid assets.

The team reduced exposure to volatile assets, including crypto tokens and private company shares. Market conditions after the FTX collapse created uncertainty, which increased the risk of holding crypto tokens and private equity assets. Asset sales allowed the team to stabilize the FTX estate and meet immediate financial obligations to creditors.

The repayment plan uses asset values recorded when FTX filed for Chapter 11 bankruptcy. Users receive payouts based on those recorded values rather than the current market prices. Some creditors have raised concerns because payouts rely on earlier asset valuations during the FTX liquidation instead of the current prices.

In a related development, Sam Bankman-Fried recently stated from prison that he did not approve the Chapter 11 filing. He said lawyers filed for bankruptcy within hours after he stepped down as CEO of FTX.

JUST IN: SAM BANKMAN-FRIED SAYS "FTX WAS NEVER BANKRUPT. I NEVER FILED FOR IT."#BreakingNews #FTX #SamBankmanFried #Crypto pic.twitter.com/AxH0Q0zfqJ

— Crypto News Hunters 🎯 (@CryptoNewsHntrs) February 10, 2026