US politicians Warren and Ocasio-Cortez probe Circle, BlockFi on SVB relationship
Senator Elizabeth Warren and Representative Alexandria Ocasio-Cortez are questioning some of the largest depositors of the now-fallen Silicon Valley Bank (SVB), including USDT issuer Circle and bankrupt BlockFi. The lawmakers are seeking information about the companies’ relationship with SVB. The lawmakers sent letters to Circle, BlockFi, and 12 other non-crypto companies, questioning why they chose […]