On The Brink with Castle Island Weekly Roundup 04/18/25 (Signature Postmortem, Mantra collapse, Powell on stablecoins) (EP.615)
6 snips
Apr 18, 2025 AI Snips
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Episode notes
Signature Collapse Backstory
- Nick Carter investigated the collapse of Signature Bank with Barney Frank and confidential sources.
- Signature was shut down to trigger a systemic risk exception allowing SVB depositors to be made whole.
FDIC Merger Block Explained
- The crisis could have been stopped if FDIC had allowed mergers to acquire failing banks.
- Congressional politics influenced FDIC's refusal to approve merger deals during the crisis.
Mantra Token Crash Mystery
- Mantra, an RWA-focused blockchain, crashed 90% due to unclear token value and possible market manipulation.
- Large market cap projects without regulatory clarity around real-world assets pose hidden risks.