Svb financial

Silicon Valley Bank Sign (Provided)
First Citizens to Buy Silicon Valley Bank: Bloomberg
SVB, a bankrupt lender, was the bank for some big crypto firms, including Circle Internal Financial.
Silicon Valley Bank Sign (Provided)

Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C. (kkwc.com)
SVB Financial’s First Bankruptcy Hearing ‘Wasn’t Really So Routine,’ Says Legal Expert
The former Silicon Valley Bank holding company needs access to the bank's FDIC-controlled funds to pay creditors and support two other operations, says Kleinberg, Kaplan partner Dov Kleiner.
Dov Kleiner, partner at Kleinberg, Kaplan, Wolff & Cohen, P.C. (kkwc.com)

CoinDesk - Unknown
Fight Brewing Between Silicon Valley Bank's Former Parent Company and FDIC
A legal fight is ramping up between the FDIC and the former parent company of Silicon Valley Bank SVB Financial said the banking regulator took improper actions and can't access its money held at its former unit Dov Kleiner partner at Kleinberg Kaplan Wolff Cohen P C discusses the key takeaways from the bankruptcy hearing [...]
CoinDesk - Unknown

bankruptcy
Silicon Valley Bank's Former Parent Company Files for Bankruptcy
The bank had some crypto customers, including Circle Internet Financial and Ripple.
bankruptcy

CoinDesk - Unknown
Silicon Valley Bank Collapse: Crypto Impact and What's Next
The abrupt collapse of the Silicon Valley Bank and Signature Bank prompted U S regulators to impose emergency measures to protect depositors This comes on the heels of crypto friendly Silvergate Bank’s shutdown in the same week Here’s a look at how SVB s closure is sending ripple effects across the crypto industry and what’s [...]
CoinDesk - Unknown

(Paul Marotta / Getty Images, modified by CoinDesk)
Even Barney Frank Thinks Signature Was Shut Down to Send an Anti-Crypto Message
Signature Bank was shut down by the NYDFS citing “systemic risk.”
(Paul Marotta / Getty Images, modified by CoinDesk)

CDCROP: Silvergate Bank HQ (CoinDesk)
The Banking Crisis Is Not Crypto’s Fault
Crypto might have a banking problem, but banks don’t have a crypto problem.
CDCROP: Silvergate Bank HQ (CoinDesk)

Silicon Valley Bank Shut Down By Regulators
Silicon Valley Bank's Parent Looking at Strategic Alternatives
SVB Financial Group appointed a restructuring committee for its venture capital and investment banking arm.
Silicon Valley Bank Shut Down By Regulators

Bitcoin's price (CoinDesk/Highcharts.com)
Silicon Valley Bank Crisis a 'Cyprus Moment' for Bitcoin: Crypto Observers
The Fed's aggressive rate hikes and balance sheet reduction have caused an historic bank failure, fashioning a real-time ad for bitcoin self-custody, observers said.
Bitcoin's price (CoinDesk/Highcharts.com)

Markets Daily Podcast Cover
4 Potential Winners of the Silvergate Unwind
On today’s show we’re taking a look at how the collapse of crypto's most visible bank could be an opportunity for stablecoins and other financial-services providers, courtesy of Daniel Kuhn, CoinDesk deputy managing editor for features and opinion.
Markets Daily Podcast Cover