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Breaking: SVB Financial Group Files For Chapter 11 Bankruptcy; Bitcoin Spikes By 8%

2 weeks ago
in Bitcoin News, CoinGape, Crypto News, News
Reading Time: 1 min read
Breaking: SVB Financial Group Files For Chapter 11 Bankruptcy; Bitcoin Spikes By 8%

The Silicon Valley Bank Financial Group on Friday announced that it has filed a voluntary petition for a court supervised reorganization under Chapter 11 in the United States Bankruptcy court amid the emerging crisis.

(THIS IS A DEVELOPING STORY)

The post Breaking: SVB Financial Group Files For Chapter 11 Bankruptcy; Bitcoin Spikes By 8% appeared first on CoinGape.

This article is added for educational purpose only. All credit goes to the respected author of this article. All In One Crypto App do not hold any liabilities of this article. You can get the source link at the end of the article content.

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