Ex-Meta crypto chief David Marcus says there was no legal or regulatory angle for the government to kill its Libra project and “it was 100% a political kill”
For reasons you can guess at, debanking has been the topic du jour in my Twitter feed. Tyler Durden / ZeroHedge News : FinTech CEOs Expose How Feds Colluded In ‘Debanking’ Schemes After Andreessen ‘Op...
The US SEC charges the parent company of Silvergate Bank and executives with misleading investors about its AML compliance strength; Silvergate settles for $50M
similar to SBF and his publicity tour post-collapse — went out and made very specific claims about the health of their bank, publicly, and often. The SEC wants repercussions for that. LinkedIn: Mary L...
Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by co-founder CZ between 2019 and 2021
If you are wilfully violating securities law, I have some advice: do not put … Allyson Versprille / Bloomberg : Elizabeth Warren Says Binance Appears to Have Lied to Lawmakers Wall Street Journal : Bi...
Bank records: from 2019 to 2020, Binance executive Guangying Chen operated five Silvergate accounts belonging to Binance's purportedly independent US affiliate
A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange's purportedly …
Sources: in 2020 and 2021, Binance commingled customer funds with revenue; a source says the sums ran into billions of dollars in Silvergate-held accounts
The world's largest cryptocurrency exchange, Binance, commingled customer funds with company revenue in 2020 and 2021 …
The closure of SVB, Silvergate, Silvergate Exchange Network, and Signature adds stress to a troubled crypto industry; fiat conversion costs may rise by 20%-40%
The digital-asset market is coming off of a turbulent year featuring a number of high-profile blowups.
SVB's implosion leads to finger-pointing and factionalism, as crypto advocates blame centralized banking and investors argue crypto collapses led to the crisis
Silicon Valley Bank's Collapse Sparks Finger-Pointing and Concerns of Contagion Mastodon: Jeff Horwitz / @Jhorwitzz@mastodon.online : Could be my small network, but this platform seems to be doing a l...
Source: Silvergate is in talks with FDIC officials about ways to avoid a shutdown, including lining up crypto-industry investors to help shore up its liquidity
Bloomberg :