US Senator: Signature Bank Collapsed Because It Embraced Crypto Customers Without Sufficient Safeguards – Regulation Bitcoin News

#Senator #Signature #Bank #Collapsed #Embraced #Crypto #Customers #Sufficient #Safeguards #Regulation #Bitcoin #News

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zdfasdfasf

Use your vote, dont vote for Dino, they are extinct and dont give them power over our future. Their future is now, our future is still ahead of us.

mishaog

Signature collapse because it offer banking solution to people using crypto, so they kill it.

The question now is, what is the end point, what are they trying to acomplish? Make their CBDC the only option?

coinsRus-2021

Time to put her words on blast

Say you’re bought out and lying through your teeth without saying you’re bought out and lying through your teeth

Elizabeth Warren, ladies and gentlemen – part of the problem since 1991

z0uNdz

Lol, still blaming this on crypto exposure? I don’t even think they believe it themselves. Just spread fear so the general public views crypto as evil and unsafe

Lelouch70

What a bullshit. Warren has no idea

coinfeeds-bot

tldr; US Senator Elizabeth Warren has accused Signature Bank CEO Joseph DePaolo of “excessive risk-taking” and “bought into its get-rich-quick narrative” to boost its bottom line by serving crypto clients. Signature Bank was seized by the New York State Department of Financial Services last Sunday, becoming the third-largest bank in the U.S. to fail.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today’s trending news [here](https://coinfeeds.substack.com).*

nichnotnick

Ok boomer

Probably_notabot

We gotta shut this idiot up. Term limits anyone?

garybaws

I feel like someones paying her to be against crypto so badly

Nicks_WRX

This lady has about the same crypto takes as my senile grandmother.

Agitated_Joke_9473

i never could tolerate a pompous scold. i think she exceeds that generous comment.

xslow

Yeah, shift the blame of your mistakes to crypto

scientifichistorian

It’s never been more obvious to me that a politician is bought than when they begin attacking an industry relentlessly and unprovoked.

kisaiii

US inflation collapsed cause FED printed billions of billions, no politician said

marsangelo

The case for term limits could be based on Elizabeth Warren alone

daydreaming1980

THE NARRATIVE : it’s always crypto’s fault..

what about 2008 ?

AdministrativeJob232

You dumb bitch .asip.jpg

Parush9

The big bad bitch always have been against crypto . She has no clue what she is talking about .

nudibranqui

Vote these dinosaurs out of the senate

Elegant_Tale_3929

Never let a good catastrophe go to waste. Eh Warren?

meanathradon

Pocahontas. Did you ever expect the truth?

PurplerRain

Lol.

This_Red_Apple

Oh God..

im_just_kidding_bruh

Of course they’ll always find a way to circle all the blames back to crypto

sergey6116

These clowns are pathetic.

SoylentYellow05

Ah politicians, always known for their deep understanding of the real world..

seniorbatista19

They’re so scared the have to try to knock us down every chance they get

The-Francois8

Nah. They collapsed because they made a large bet that interest rates were not going any higher.

And they failed to properly hedge this bet.

They lost their bet. Government backstopped them.

cubewc3

It had nothing to do with them being over leveraged with federal issued bonds?

Aguaskeepartdeux

What?! /s Warren is against crypto? /s This is the FIRST I’m hearing of this! /s

Bucksaway03

Ooo shut up old lady, stop blaming crypto for problems that existed for the last 40 years

BrocoliAssassin

Oh god not here . If it’s one face I get tired of seeing it’s her. At least with SBF we have the hope of him going to jail so maybe another year of seeing his face but with Warren it’s going to be a long time.

ImaFreemason

Crypto is always the bad guy for some reason.

Bumblebee911

Ofc they will blame crypto for it. Nothing new here.

Responsible-Maybe107

How can she be so right about the ineffectiveness of rate hikes and so stupid about this?!?!?

HighBuyGuy

She’s using crypto as a scapegoat, it’s the banks making bad choices.

DAMG808

What a lame obvious projection of everything thats wrong with TradFi. There is not much time left for her, but it is for us. Bla Bla…then they fight you. Argyle said : „That Mind Fight is on!“. Now or never.

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