I Can't Believe They Did This?! Signature Shutdown!

Mar 24, 2023

Hey Guys,

By now you'd have heard that Signature Bank, the second and last remaining pro-crypto bank, was shut down by US regulators last week. The circumstances under which the shutdown occurred has led to speculation that this was a crypto hit job.

I couldn't pass up the opportunity to go down the rabbit hole, and that's exactly where I take you today. To be honest, Signature Bank seemed like a super legit business. They had a unique style of doing things, but they weren't reckless like other banks.

The fact that Signature Bank was still technically solvent underscores the fact that something fishy is going on. The information that has come out since then seems to confirm that crypto played a role, and it forecasts more crypto crackdowns to come.

Enjoy, if you can...


⛓️ 🔗 Useful Links 🔗 ⛓️

► Scott Shay Crypto Interview:    • Signature Bank’s ...  

► Signature Bank Signet: https://www.signet.com/

► Signature Bank Crypto Hit Job: https://www.wsj.com/articles/signatur...

► Fed Confirms FedNow Launch Date: https://cointelegraph.com/news/federa...

► FSB Planning Global Crypto Regulations: https://cointelegraph.com/news/fsb-to...


📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.