The war against crypto, the war that our own government started, has been a treacherous one…and it’s filled to the brim with lies and deception. Understand that every move our politicians have made has equally cold as they were calculated. This goes beyond Gary Gensler regulating through enforcement. This goes beyond Elizabeth Warren bickering about Jerome Powell’s stance on regulation. Watching these past few weeks pan out has made it clear to me that crypto has become the scapegoat through which legacy system will carry out their true agenda…and there’s no better example of this than to examine the truth behind the downfall of Signature Bank.
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0:00 Intro
0:40 ABC News Clip
1:17 Signature Bank
3:33 Other Failed Banks
7:24 The Downfall of Signature
12:34 Conclusion
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All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice. Digital Assets are highly volatile and carry a considerable amount of risk. Only use exchanges for trading digital assets. Never keep your entire portfolio on an exchange.
Sources:
https://cointelegraph.com/news/senator-warren-says-fed-chair-has-to-recuse-himself-from-reviewing-regulatory-failures
https://www.cnbc.com/2023/03/13/signature-bank-third-biggest-bank-failure-in-us-history.html
https://www.fdic.gov/news/press-releases/2023/pr23018.html
https://cointelegraph.com/news/signature-bank-closed-by-new-york-banking-authorities
https://twitter.com/0xMakesy/status/1635737722970144768
https://cointelegraph.com/news/silvergate-capital-corporation-will-voluntarily-liquidate-silvergate-bank
https://miro.medium.com/v2/resize:fit:680/0*Wv44wZAg3eQeARuj
https://cointelegraph.com/news/usdc-depegs-as-circle-confirms-3-3b-stuck-with-silicon-valley-bank
https://thehill.com/business/banking-financial-institutions/3901582-signature-bank-had-criminal-investigation-looming-before-it-collapsed-report/
https://www.forbes.com/sites/nisaamoils/2023/03/13/is-crypto-a-scapegoat-for-fed-policy/
https://www.whitehouse.gov/nec/briefing-room/2023/01/27/the-administrations-roadmap-to-mitigate-cryptocurrencies-risks/
https://www.coindesk.com/policy/2023/03/15/bitfury-ceo-us-government-using-crisis-to-choke-off-crypto-access-to-banks/
https://cointelegraph.com/news/signature-bank-and-former-executives-sued-by-shareholders-for-alleged-fraud
https://pyxis.nymag.com/v1/imgs/11f/a99/2fdce08e37c103fe92d5ad83a02711a43b-Barney-Frank.jpg
https://decrypt.co/123639/fdic-authority-power-crypto-banking-tom-emmer
https://www.coindesk.com/business/2023/03/15/who-is-cross-river-bank-usdc-issuer-circles-new-partner/
https://beincrypto.com/banks-bids-signature-bank-ive-up-crypto-business/
https://www.theblock.co/post/220298/fidelity-crypto-quietly-went-live-giving-millions-of-retail-customers-access-to-bitcoin-ether?utm_source=cryptopanic&utm_medium=rss
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