In a recent Senate Banking Committee hearing, former chairman of Signature Bank, Scott Shay, faced criticism from Senator Cynthia Lummis over allegations of attempting to shift blame for the bank’s collapse onto cryptocurrency. Lummis accused Shay of benefiting from substantial bonuses and stock options while pointing fingers at the digital…Read More
Senator Cynthia Lummis Slam Bank Execs for Blaming Collapses on Crypto Pocketing Millions
