Submitted by Loud_Adagio2222 t3_11txs83 in nottheonion
Moccus t1_jcmai5t wrote
Reply to comment by New_Stats in SVB blames remote work for bank failure by Loud_Adagio2222
SVB wasn't invested in crypto. None of the banks that failed were invested in crypto. They were mostly heavily invested in US Treasury bonds, which in normal circumstances are one of the safest investments in the world.
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