Weekly Roundup 03/24/23 (Do Kwon apprehended, SEC v Coinbase, bank crisis retrospective) (EP.409)
On The Brink with Castle Island
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The New York Banking Law - It's Totally a Catch 22
Signal was not in as bad a financial position as many of their peers that were given time to save themselves. First Republican Pac West, arguably had a worse financial outlook when signature was shut down on Sunday night. The New York banking law is extremely broad and doesn't really work in Signature's favor.
Play episode from 10:21
Transcript
