SBF shilled FTX risk model to FDIC chairman Gruenberg prior to collapse By Cointelegraph
[ad_1] Before crypto exchange FTX and its founder Sam Bankman-Fried (SBF) got tied down with allegations of misappropriation of users’ funds, SBF was among the...
First Republic loses a third of its value amid reports it’s considering a sale
First Republic Bank’s stock rose Thursday after steep losses earlier in the day, following reports that the nation’s largest banks are in talks to provide...
US midsize banks seek FDIC Insurance on ‘all deposits’ for 2 years: Report By Cointelegraph
[ad_1] The Mid-Size Bank Coalition of America (MBCA) has reportedly asked United States federal regulators to extend insurance on all deposits for the next two...
FDIC asked Signature buyers to stop all crypto business: Report By Cointelegraph
[ad_1] The United States Federal Deposit Insurance Corporation (FDIC) has reportedly asked potential rescuers of some failed U.S. banks not to support any crypto services....
US lawmaker accuses FDIC of using banking instability to attack crypto By Cointelegraph
[ad_1] Tom Emmer, Majority Whip of the United States House of Representatives, has reiterated concerns that the federal government is “weaponizing” concerns around the banking...
FDIC to attempt another auction of Silicon Valley Bank: Report By Cointelegraph
[ad_1] Silicon Valley Bank (SVB) could be returning to the auction block with United States regulators taking a second attempt at finding a buyer for...
FDIC bidding for Silicon Valley Bank is in progress: Report By Cointelegraph
[ad_1] The United States Federal Deposit Insurance Corporation (FIDC) started an auction process on March 11 night for Silicon Valley Bank, Bloomberg reported citing unnamed...
FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB By CoinEdition
[ad_1] FDIC Forms Deposit Insurance for Troubled Crypto Start-up Lender SVB The FDIC said depositors would have access to their insured deposits. Silicon Valley Bank...
Silvergate reportedly talks with FDIC on ways to avoid shutdown By Cointelegraph
[ad_1] Regulators are reportedly in urgent talks with Silvergate to find ways to save the crypto-friendly bank from a possible shutdown. Citing “people familiar with...
FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance By Cointelegraph
[ad_1] The United States Federal Deposit Insurance Corporation (FDIC) has sent a letter to executives of cryptocurrency exchange CEX.IO warning them that they are potentially...