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A Real-Time History of the Crypto Banking Crisis, With Austin Campbell

The Breakdown

00:00

How Much Did Silvergate Have to Do With SVB's Winding Down?

Silvergate announced that it was winding down the same day as Silicon Valley Bank. "I don't think Silvergate had anything to do with why SVB sort of unwound so quickly," says John Defterios. As speed of information transmission has increased, the speed of people reacting to information can also increase.

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