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by ceejayoz 1279 days ago
> As an example, a few weeks ago crypto.com was said to be insolvent and there was a bank run [1] [2], however nothing collapsed.

Partly because they “oppose-daisied” $400M of their holdings with a misclick. Not confidence inspiring. https://www.bloomberg.com/news/articles/2022-11-13/crypto-co...

Not collapsing could mean solvency, but it could also just mean the run wasn’t big enough.