Crypto Insider: Behind the Bank Runs

Banks are having a rough month. First Silvergate Bank collapsed, with the corporate announcing its liquidation on March 8. Then Silicon Valley Bank collapsed two days afterward March 10. After which two days after that, on March 12, Signature Bank was shut down by regulators. 

By the numbers, Signature Bank’s collapse is the third-largest failure in U.S. banking history. Silicon Valley Bank is the second-largest failure, right behind Washington Mutual’s collapse in 2008. So banks are having a historically bad time without delay.

On this episode of Crypto Insider, Vin Narayanan and Allison Brickell discuss these disastrous bank runs, the common thread between all of them and the way the Federal Reserve comes into play.

Thanks for watching!