Lies, lawsuits & links 🏌️♂️
View in browser The FDIC denied reports that it would require whoever buys Signature Bank, which it shuttered on Sunday, to stop doing business with crypto. The auction closes today, so we’ll soon see if the bank’s crypto business survives. Meanwhile, Ben Armstrong, aka BitBoy, and other influencers have been hit with a $1 billion class action…
Read MoreThe Financial Crisis Is Upon Us
Listen now (7 min) | To investors, There is a massive financial crisis underway at the moment. Alarm sirens are going off almost every day. As a friend told me yesterday, “bodies keep floating to the surface.” This is really, really not good. The shut down of Silvergate Bank, along with the takeovers of Silicon…
Read MoreBanking’s Synchronized Swimming
Plus: Get an iPad, ump, you’re blind! …
Read MoreBitcoin Busts Through $26K
Plus, trader worried about ether supply ahead of upgrade. March 17, 2023 The latest moves in crypto markets, in context By Lyllah Ledesma, CoinDesk reporter Was this newsletter forwarded to you? Sign up here. Happy St. Patrick’s Day! Here’s what’s happening in crypto today: Bitcoin gains 7.5% to $26,700. Bankruptcy crypto lender Genesis…
Read More