SVB and Credit Suisse had a crypto tie, as did FTX. Be interesting if the others taking a haircut did as well.
Its reminding me of investment firms who played with commodities and got into hot water.
But the crypto angle keeps popping up. Notice how relatively quickly FTX seemed to disappear out of the news cycle?
They are all interconnected............
FTX has definitely not disappeared from the news cycle even there’s not much new at the moment. They’re now reporting on Shaquille O’Neill’s ties to FTX.