Houbi separates from Signature Bank and Silvergate before their collapse (report)

Houbi separates from Signature Bank and Silvergate before their collapse (report)
reported Huobi had deducted his entire fortune of Signature and Silvergate Bank before they do it.
Numerous other platforms and crypto-related companies were burned by their existing commitment to the above-mentioned banks, including Coinbase and Paxos.
- Huobi said Reuters that the funds of its customers remain unaffected by the latest banking crisis in the US
"Huobi had previously had a bank account with Silvergate, but all assets were transmitted some time ago, and there is currently no financial partnership."
- Justin Sun-a member of the Global Advisory Board by Huobi and also co-founder of the Blockchain platform Tron-confirmed the news and added that the ongoing turbulence had not hurt the company.
- remember that Silvergate Capital exposed operational problems at the beginning of March announced A few days later a liquidation plan. She acted as one of the main banks for the cryptoscap and awarded money to several companies.
- With their failure, numerous industry players switched to the Signature Bank. Nevertheless, it suffered a similar fate and was closed.
- The cryptocurrency exchange based in the United States-Coinbase-announced that it held $ 240 million in company funds at Signature that Paxos had a risk of $ 250 million, while Celsius Network did not indicate how much was there.
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