Signature Bank’s Prospective Buyers Must Agree to Give Up All Crypto Business: Report

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A class action lawsuit was filed against Signature Bank in February, alleging that the bank knew about – and facilitated – the “now infamous FTX fraud.” Specifically, the suit accuses Signature Bank of having knowledge of and permitting “the commingling of FTX customer funds within its proprietary, blockchain-based payments network, Signet.”

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