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Replying to Avatar MTozoni ⚡😺

Is Silvergate Bank failing an isolated incident limited to crypto stuff? Or is it just the first in a series of bank failures as part of the recession, similar to bank failures in 2008?

VCs are being told to pull their money out of Silicon Valley Bank now too, expecting its imminent failure.

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Delta, Dirac 2y ago

SVB already shutdown by regulators and taken over by FDIC as of under an hour ago

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MTozoni ⚡😺 2y ago

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