Signature Bank investigated for money laundering prior to demise: Report
The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering.
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FDIC asked Signature buyers to stop all crypto business: Report
The FDIC regulators have reportedly required any buyer of Signature to agree to give up all cryptocurrency business at the bank.
Marathon Digital: Deposits held at Signature Bank are secure and available
The company disclosed that it has approximately $142 million in cash deposits at Signature Bridge Bank, which was set up by the FDIC after the…
Coinbase pauses support for Signature Bank’s Signet: Report
The U.S. crypto exchange was reportedly looking for another payment network provider and waiting on the outcome of the situation with Signature.
Biden pledges ‘no cost to the taxpayer’ to shield SVB, Signature depositors
While the federal government’s proactive approach to minimizing damage was appreciated, many pointed out that taxpayers would ultimately suffer the depositors’ bailout.
DOJ and SEC to probe SVB collapse and insider stock sales: Report
The investigations are separate from one another but will both look into Silicon Valley Bank’s collapse and stocks sold by executives prior to its fall.
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