Ben Bain
@benbain
Bloomberg News journalist * Retweets not endorsements/opinions my own * Story ideas +1-202-689-7179 call/text/whats/signal
ID:15783241
https://www.bloomberg.com/authors/AQHlBZcWAIY/benjamin-bain 08-08-2008 21:28:00
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SCOOP: FDIC backstopped billions held by Sequoia Capital, giant tech cos in SVB collapse. Story here w/ FOIA super⭐️ Jason Leopold
bloomberg.com/news/articles/…
NEW: Treasury is studying ways it might temporarily expand FDIC coverage for bank deposits above $250k w/o formal consent from Congress
They **do not** yet view such a move as necessary but are preparing in case the situation worsens
w/ Sridhar Natarajan
bloomberg.com/news/articles/…
Scoop: Sam Bankman-Fried is under investigation by the SEC for potential securities law violations.
This is in addition to SEC, CFTC probes into FTX.com, FTX US & Alameda Research.
Full story, with Olga Kharif, on Bloomberg Terminal
.Kim Kardashian to Pay $1.3 Million to U.S. Securities and Exchange Commission Over Crypto Touting via Bloomberg and Bloomberg Crypto bloomberg.com/news/articles/…
Crypto Guidance That Banks Rely on Targeted by Elizabeth Warren —- Story by Ally Versprille via Bloomberg bloomberg.com/news/articles/…
.Coinbase 🛡️ Faces U.S. Securities and Exchange Commission Investigation Over Cryptocurrency Listings. By Ally Versprille and Lydia Beyoud via Bloomberg bloomberg.com/news/articles/…
SCOOP on terminal now: A former Coinbase manager has been arrested for his alleged role in an insider trading scheme. w/ Lydia Beyoud Silla Brush and Greg Farrell.