Crypto crashed after Binance CZ said they could not acquire FTX.com

Today Binance CZ said they could not acquire FTX.com.

As a result of corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations, we have decided that we will not pursue the potential acquisition of https://t.co/FQ3MIG381f.

— Binance (@binance) November 9, 2022

How much did FTX.com leverage? It must be a lot, to the extent that even if CZ wants to save FTX, he couldn’t. This is what CZ said earlier today:

In the spirit of transparency, might as well share the actual note, sent to all Binance team globally a few hours ago.https://t.co/IUNkPcLC8T pic.twitter.com/XGlIJB7EV5

— CZ 🔶 Binance (@cz_binance) November 9, 2022

$FTX crashed instantly

$SOL Solana also crashed

$BTC & $ETH Ethereum are brutally murdered too

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