Signature Bank
Recent News About Signature Bank
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Crypto expert: Regulators closed Signature Bank 'to help crush the crypto industry'
Regulators closed Signature Bank New York on Sunday, March 12 due to "systemic risk," marking the third-largest bank failure in U.S. history within days of the second-largest – the collapse of Silicon Valley Bank. Former congressman Barney Frank, a board member at Signature Bank New York, told CNBC in an interview that regulators shuttered the bank in order “to send a very strong anti-crypto message” to the rest of the industry.