FWIW, after finally having built a proper K5 TC, the reason it doesn't implode is because of the fact that sftp-server doesn't really depends on OpenSSL, as building it with as-needed reveals

.
Code:
0x00000001 (NEEDED) Shared library: [libgcc_s.so.1]
0x00000001 (NEEDED) Shared library: [libc.so.6]
0x00000001 (NEEDED) Shared library: [ld-linux.so.3]
vs.
Code:
0x00000001 (NEEDED) Shared library: [libcrypto.so.0.9.8]
0x00000001 (NEEDED) Shared library: [libdl.so.2]
0x00000001 (NEEDED) Shared library: [libutil.so.1]
0x00000001 (NEEDED) Shared library: [libz.so.1]
0x00000001 (NEEDED) Shared library: [libnsl.so.1]
0x00000001 (NEEDED) Shared library: [libcrypt.so.1]
0x00000001 (NEEDED) Shared library: [libresolv.so.2]
0x00000001 (NEEDED) Shared library: [libc.so.6]
0x00000001 (NEEDED) Shared library: [ld-linux.so.3]
Sidebar: Where the hell did that ARMv5 binary came from, anyway? o_O.