FTX’s Latest Casualties: Federally Insured Crypto Banks

How many more FDIC-insured banks are spread across the United States with significant ties to crypto-related firms and the potential to see their share prices sink and/or reputational damage? We know of four FDIC-insured banks whose share prices have already been hit: Silvergate Bank, Customers Bank, Signature Bank and Metropolitan Bank. (See chart below.)

Leave a Reply

Your email address will not be published. Required fields are marked *