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FDIC pins Signature Bank’s failure on poor governance and illiquidity

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FDIC blamed SBNY’s board of directors and management for pursuing “unrestrained growth” using uninsured deposits without implementing liquidity risk management strategies.

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Coin Market

Crypto PR exec relishes 'skepticism' around crypto marketing

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Serotonin CEO Amanda Cassatt pointed out that marketing is “a mechanism for perpetrating the fakery and the scams.”

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Coin Market

CFTC slaps $36M fine on man for 5-year crypto investor fraud

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The US regulator ordered approximately 85% of the significant fine to be paid back to victims of William Koo Ichioka’s fraudulent scheme.

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Coin Market

Trump buys burgers with BTC, Arthur Hayes skeptical on rate cut, and more: Hodler’s Digest, Sept. 15 – 21

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Donald Trump becomes the first former United States president to use crypto in a transaction, Arthur Hayes thoughts on rate cut: Hodler’s Digest

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