Another crypto exchange is in the news and it’s not good.
According to CNBC:
U.S. cryptocurrency firm Circle has $3.3 billion of its $40 billion of USD Coin reserves at the collapsed lender Silicon Valley Bank, the company said in a tweet on Friday.
The stablecoin company’s announcement comes after startup-focused SVB collapsed on Friday in the largest bank failure since the 2008 financial crisis, roiling global markets and stranding billions of dollars belonging to companies and investors.
On Twitter, experts were saying CIRCLE was going to fail months ago.
Big Man ( Biden ) gets 40% !!!!!
Crypto Boy not even talked about anymore since Billions $$$$$ went to the Democrats !!!!!!!
Biden Valley Bank has all the Money $$$$$$$$$$ !!!!!!!!
20% to Pelosi !!!!