Cryptocurrency

Cryptocurrency

‘Nothing to do with crypto’: Regulators pour cold water on Barney Frank’s claim Signature Bank was targeted

After the New York Department of Financial Services took possession of Signature Bank on Sunday, speculation mounted that regulators had seized the bank because of its crypto-friendly stance and Signet payment platform, a popular tool for the blockchain industry. The narrative was boosted by former Rep. Barney Frank, ...Read More

Shareholders file lawsuit against Silicon Valley Bank, alleging fraud

A group of shareholders have reportedly filed a lawsuit against Silicon Valley Bank’s parent company and some of its executives amid the unfolding crisis. Multiple news outlets reported on March 13 that many Silicon Valley Bank shareholders alleged fraud from the bank, CEO Greg Becker and ...Read More