Barney Frank, former member of the USA Home of Representatives and board member Signature financial institution (OTC:), pointed fingers at sure members of the general public after the financial institution’s collapse.
Could 30 at a listening to within the New York State Senate, Frank mentioned he had no complaints about Signature’s collapse, saying the financial institution’s cryptocurrency transactions had been “secure and sound” till regulators intervened. A former US lawmaker prompt that the financial institution was performing as a cryptocurrency middleman reasonably than instantly investing in digital belongings, and that some members of the general public had been unable to differentiate between the 2.
Proceed studying Coin Telegraph.