Lawsuit alleges Signature Bank aided FTX fraud
Days after FTX’s spectacular collapse, Signature Bank was doing damage control, trying to play down its exposure to the crypto exchange’s alleged fraud. The bank, an important real estate lender in the New York metro area, assured investors just 0.1 percent of its deposits were linked to FTX. Turns out, there was more to the story. A lawsuit filed Monday alleges that the major multifamily lender not only knew about FTX’s fraudulent behavior but helped
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