🚨 $1.7 BILLION JUST GONE!
🇺🇸 A U.S. FEDERAL JUDGE has rejected Silicon Valley Bank’s former parent company’s claim to $1.7 BILLION held at the failed bank. ❌
⚖️ The court ruled that SVB Financial Trust cannot recover the funds, siding with the FDIC’s argument that management decisions and negligence played a major role in the bank’s collapse.
🏦 $1.7B. One ruling. No recovery.
The SVB fallout is STILL not over.
$龙虾 $我踏马来了 $RIVER
🇺🇸 A U.S. FEDERAL JUDGE has rejected Silicon Valley Bank’s former parent company’s claim to $1.7 BILLION held at the failed bank. ❌
⚖️ The court ruled that SVB Financial Trust cannot recover the funds, siding with the FDIC’s argument that management decisions and negligence played a major role in the bank’s collapse.
🏦 $1.7B. One ruling. No recovery.
The SVB fallout is STILL not over.
$龙虾 $我踏马来了 $RIVER
