SVB Executives Sold $84 Million in a Clear case of Insider Trading!

SVB Executives Sold $84 Million in a Clear case of Insider Trading!

Last week, Silicon Valley Bank (SVB) said it would be closing its doors, which sent shockwaves across the banking industry and forced the top US authorities, including the Fed and the FDIC, to take action. Even while the Fed successfully prevented the contagion from extending further, recent information on insider stock sales has brought up … Read more

NO Disruption to our day-to-day Business: Ripple CEO on Funds Being Stuck in SVB

NO Disruption to our day-to-day Business: Ripple CEO on Funds Being Stuck in SVB

Ripple CEO Brad Garlinghouse addressed his company’s exposure to the failed Silicon Valley Bank (SVB) in a Twitter thread on March 12 that was directed to his 700,000 followers. In the thread, he emphasized (1) that Ripple remains financially stable despite the risk. The executive pointed out that although Ripple has exposure to SVB as … Read more