‘Ludicrous’ to think Signature Bank’s collapse was connected to crypto, says NYDFS head

by Aurelia Butler 5 April 2023, 23:20 139 Views

According to an April 5 report in The Wall Street Journal, Harris made the remarks at the Chainalysis Links conference in New York City. She reportedly described the events leading up to the failure of Signature as a “new-fashioned bank run,” calling the idea that it had any relation to crypto exposure “ludicrous.”

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Source: Cryptocurrency - investing.com

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‘Ludicrous’ to think Signature Bank’s collapse was connected to crypto, says NYDFS head

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