Money Laundering Investigation Before Closed To Crypto-Friendly Signature Bank

It turned out that US crypto-friendly Signature Bank was under investigation by two US government agencies shortly before it was shut down.

Bloomberg cited testimonies from sources familiar with the subject. March 15 shortly before Signature Bank was shut down. money laundering possible under prevention laws. security breaches because of US Department of Justice (DOJ) by being investigated conveyed. Also, the bank US Securities and Exchange Commission (SEC) by also possible One securities law It was among the information given in the news that he was followed due to the violation.

When are your inquiries? that you started and the closure of the bank by New York regulators. decision on any whether there is an effect a detail about not given.

US President Joe Biden earlier this week Signature Bank and two other cryptocurrency-friendly banks that went bankrupt shortly before that silvergate And Silicon Valley Bank (SVB) in his speech about the banks and shareholders won’t be saved had expressed. President Biden said that the damage caused by the irresponsible actions of the banks of taxpayers on your shoulders won’t be destroyed had committed to it.

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