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Cathie

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Cathie Wood: Crypto did not force SVB and Signature Bank into bankruptcy thumbnail

Cathie Wood: Crypto did not force SVB and Signature Bank into bankruptcy

Cathie Wood says crypto had “nothing to do” with SVB and Signature Bank collapses. Rather, it’s Fed policy that “caught many regional banks offside.” According to her, the banks suffered as a result of assets/liability mismatch. Cathie Wood, the founder and CEO of ARK Invest, says crypto isn’t responsible for the failed Silicon Valley Bank
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