
SWN #280 - Casper, Flipper, NordVPN, Ring, SVBk, GoBruteforcer, Aaran Leyland, and more
Security Weekly News (Audio)
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Do I Have More Than $250,000 in My Account?
Venture capital firms were advising their clients to get the pitchforks and torches and go down to the bank and get their money from Scrooge McDuck before it was all gone. So of course that created a run on the bank, people started withdrawing their money and transferring it elsewhere. The US government made an announcement on Sunday saying depositors will have access to all of their money starting March 13th. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer. Now this in my book is called A Bank Bailout, which is where the taxpayers give money to large banking operations that have gone bankrupt because nobody wants us to turn into like the next Great
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