{"id":147,"date":"2022-11-09T23:53:37","date_gmt":"2022-11-09T23:53:37","guid":{"rendered":"https:\/\/piggy.cards\/blog\/?p=147"},"modified":"2022-11-11T00:09:19","modified_gmt":"2022-11-11T00:09:19","slug":"crypto-crashed-after-binance-cz-said-they-could-not-acquire-ftx-com","status":"publish","type":"post","link":"https:\/\/piggy.cards\/blog\/crypto-crashed-after-binance-cz-said-they-could-not-acquire-ftx-com\/","title":{"rendered":"Crypto crashed after Binance CZ said they could not acquire FTX.com"},"content":{"rendered":"\n<p>Today <a href=\"https:\/\/www.binance.com\/en\" target=\"_blank\" rel=\"noreferrer noopener\">Binance<\/a> CZ said they could not acquire <a href=\"https:\/\/ftx.us\/?fromIntl=true\" target=\"_blank\" rel=\"noreferrer noopener\">FTX.com<\/a>. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">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 <a href=\"https:\/\/t.co\/FQ3MIG381f\">https:\/\/t.co\/FQ3MIG381f<\/a>.<\/p>&mdash; Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1590449161069268992?ref_src=twsrc%5Etfw\">November 9, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><figcaption class=\"wp-element-caption\">Binance tweeted<\/figcaption><\/figure>\n\n\n\n<p>How much did FTX.com leverage? It must be a lot, to the extent that even if CZ wants to save FTX, he couldn&#8217;t. This is what CZ said earlier today: <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"189\" src=\"https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-8-1024x189.png\" alt=\"\" class=\"wp-image-150\" srcset=\"https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-8-1024x189.png 1024w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-8-300x55.png 300w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-8-768x142.png 768w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-8-1536x283.png 1536w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-8-676x125.png 676w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-8.png 1594w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">In the spirit of transparency, might as well share the actual note, sent to all Binance team globally a few hours ago.<a href=\"https:\/\/t.co\/IUNkPcLC8T\">https:\/\/t.co\/IUNkPcLC8T<\/a> <a href=\"https:\/\/t.co\/XGlIJB7EV5\">pic.twitter.com\/XGlIJB7EV5<\/a><\/p>&mdash; CZ \ud83d\udd36 Binance (@cz_binance) <a href=\"https:\/\/twitter.com\/cz_binance\/status\/1590351182513729544?ref_src=twsrc%5Etfw\">November 9, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>$FTX crashed instantly<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"767\" src=\"https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-7-1024x767.png\" alt=\"\" class=\"wp-image-149\" srcset=\"https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-7-1024x767.png 1024w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-7-300x225.png 300w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-7-768x576.png 768w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-7-1536x1151.png 1536w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-7-676x507.png 676w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-7.png 1996w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>$SOL <a href=\"http:\/\/solana.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Solana <\/a>also crashed<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"659\" src=\"https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-6-1024x659.png\" alt=\"\" class=\"wp-image-148\" srcset=\"https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-6-1024x659.png 1024w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-6-300x193.png 300w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-6-768x494.png 768w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-6-1536x988.png 1536w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-6-2048x1317.png 2048w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-6-676x435.png 676w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>$BTC &amp; <a rel=\"noreferrer noopener\" href=\"https:\/\/ethereum.org\/\" target=\"_blank\">$ETH<\/a> Ethereum are brutally murdered too<br><\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-9-1024x548.png\" alt=\"\" class=\"wp-image-151\" width=\"676\" height=\"361\" srcset=\"https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-9-1024x548.png 1024w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-9-300x161.png 300w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-9-768x411.png 768w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-9-1536x822.png 1536w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-9-2048x1096.png 2048w, https:\/\/piggy.cards\/blog\/wp-content\/uploads\/2022\/11\/image-9-676x362.png 676w\" sizes=\"(max-width: 676px) 100vw, 676px\" \/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>I hope you all are doing okay.  If you plan to spend some cryptos on this crash, <a rel=\"noreferrer noopener\" href=\"https:\/\/piggy.cards\" target=\"_blank\">https:\/\/piggy.cards<\/a> can help.  We accept 26 different cryptos for 400+ branded gift cards in US and Canada. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today Binance CZ said they could not acquire FTX.com. How much did FTX.com leverage? It must be a lot, to the extent that even if CZ wants to save FTX, he couldn&#8217;t. This is what CZ said earlier today: $FTX crashed instantly $SOL Solana also crashed $BTC &amp; $ETH Ethereum are brutally murdered too I &#8230; <a title=\"Crypto crashed after Binance CZ said they could not acquire FTX.com\" class=\"read-more\" href=\"https:\/\/piggy.cards\/blog\/crypto-crashed-after-binance-cz-said-they-could-not-acquire-ftx-com\/\" aria-label=\"More on Crypto crashed after Binance CZ said they could not acquire FTX.com\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[33,26,22,9,3,28],"tags":[8,5,7,15,19,17,18],"class_list":["post-147","post","type-post","status-publish","format-standard","hentry","category-altcoins","category-binance","category-bitcoin","category-crypto","category-news","category-solana","tag-blockchain","tag-crypto","tag-cryptocurrency","tag-cryptotrading","tag-stablecoins","tag-usdc","tag-usdt"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - 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