# What a Day in Crypto

**Published by:** [MO](https://paragraph.com/@mo-5/)
**Published on:** 2022-11-10
**URL:** https://paragraph.com/@mo-5/what-a-day-in-crypto

## Content

FTX is insolvent Sam reached out to CZ for bailout after trying all options CZ and Binance going into a deal to acquire FTX Next day bail out of the deal FTX in a deeper whole than the previous $2 billion thought FTX needs over $8 billion to be ok Only option is bankruptcy Investors are toast. Sosad

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