3min chapter

The New Liberal Podcast cover image

How Silicon Valley Bank Collapsed ft. Joseph Politano

The New Liberal Podcast

CHAPTER

Cryptocurrency - What Happened to FTX's Money?

The FDIC moved hilariously quick here. They did not even wait until the end of Friday to close down Silicon Valley bank. The fact that they intervened so quickly meant that things were bad, you know. This was like a really forceful response from the US government to try to stem the risk of banky banks.

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