2023-2-7 14:41 |
Signature "knew of and permitted the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet," according to a court filing. origin »
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Crypto-friendly Signature Bank has been drawn into a class-action lawsuit over its role in the operations of the defunct crypto exchange FTX, according to a February 6 court filing. The post Class-action lawsuit alleges Signature bank ‘permitted’ FTX comingling customer funds appeared first on CryptoSlate.
2023-2-7 16:22 | |
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New York-based Signature Bank is facing a lawsuit filed by Statistica Capital, an investment firm that believes the former was involved in FTX’s collapse. Signature Bank has been accused of partaking in the FTX fraud that was discovered last year.…
2023-2-7 13:27 | |
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Signature Bank (SBNY) has announced it will lower its crypto-linked deposits by $8-10 billion, given the uncertain market conditions in the crypto space after the collapse of FTX.
2022-12-9 12:23 | |
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Several major traditional banks with varying degrees of crypto exposure now find themselves unsure of their next move in the wake of the FTX collapse. The post Silvergate, Provident Bancorp, and Signature Bank Got Burned Playing With Crypto appeared first on BeInCrypto.
2022-11-23 22:00 | |
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SpaceX acquires xAI as Musk pitches orbital AI data centers while reports flag mid June IPO talks targeting a $1.5 trillion valuation. The post SpaceX acquires xAI as Musk pitches orbital data centers ahead of $1 trillion IPO appeared first on Crypto Briefing.
Dakota's platform could revolutionize global fintech by simplifying compliance and enabling seamless integration of stablecoins in financial services. The post Ex-Coinbase, Airbnb execs launch programmable stablecoin platform for fintechs, enterprises appeared first on Crypto Briefing.
Coinbase tests USDF stablecoin on exchange backend, an early step in its broader digital dollar strategy amid growing stablecoin adoption. The post Coinbase begins backend testing of new USDF stablecoin appeared first on Crypto Briefing.
Grayscale Bitcoin ETF debuts on Morgan Stanley E*TRADE, enhancing access for advisors and clients, signaling Bitcoin adoption growth. The post Grayscale Bitcoin Mini Trust ETF becomes available on Morgan Stanley E*TRADE platform appeared first on Crypto Briefing.
This partnership signifies a shift in retirement planning, integrating cryptocurrency exposure into traditional financial products, potentially broadening market appeal. The post BlackRock partners with Delaware Life to bring Bitcoin into fixed index annuities appeared first on Crypto Briefing.
Anchorage Digital's fundraising and potential IPO could significantly impact the competitive landscape of crypto financial services. The post Anchorage Digital looks to raise up to $400M ahead of potential 2027 IPO appeared first on Crypto Briefing.
Interactive Brokers now accepts USDC for 24/7 funding via Ethereum, Solana, and Base, with RLUSD and PYUSD coming next week. The post Interactive Brokers adds USDC funding, with Ripple and PayPal stablecoin support next week appeared first on Crypto Briefing.