FTX filed multiple lawsuits in the U.S. Bankruptcy Court for the District of Delaware on May 17 to recover funds from former FTX executives including
Tag: Silicon
Silicon Valley Bank Likely To Be Sold To Another Bank And Not VCs
According to recent reports, the United States government will most certainly sell the now-defunct Silicon Valley Bank to another major bank. This effectively eliminates the
Bidders Want To Buy Silicon Valley Bank In Parts?
Silicon Valley Bank News: After the FDIC auction process for finding a potential buyer for the Silicon Valley Bank (SVB) did not yield results over
Silicon Valley Bank Now Under Investigation By U.S. SEC & DOJ
According to reports, the Justice Department and the Securities and Exchange Commission of the United States are conducting an investigation into the failure of Silicon
Trouble Grows For Silicon Valley Bank As Shareholders File Lawsuit
In the midst of the ongoing crisis, recent reports suggest that a number of shareholders have initiated legal action against the Silicon Valley Bank, its
Breaking: HSBC Buys Out Troubled Silicon Valley Bank UK
Crypto News: In the latest turns of events, the United Kingdom (UK) government announced that HSBC holdings acquired the British subsidiary of the Silicon Valley
XRP News: Ripple Funds Stuck In Collapsed Silicon Valley Bank? Garlinghouse Replies
XRP News: Amid an increasing wave of uncertainty triggered due to the collapse of the United States based crypto friendly banks, Ripple Labs CEO, Brad
VCs Agrees To Support Silicon Valley Bank Again
Venture capital firms agree to support and ask portfolio companies to resume their banking relationship with Silicon Valley Bank again if the bank is acquired
Elon Musk Explores the Idea of Acquiring Silicon Valley Bank
On Friday, March 10, California Banking regulators announced the shutdown of the Silicon Valley Bank (SVB) Financial Group. SVB ran into major trouble with a
Circle’s USDC Reserves In Hot Water As Records Show Exposure To Silicon Valley Bank
On Friday, the prominent Silicon Valley Bank, which served as the go-to bank for venture capitalists and startups, got shuttered down by the California Department