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CoinGape 2024-06-07 16:56:25

Customers Bank Reportedly Debanks Crypto Hedge Funds Amid FDIC Alert

Customers Bank, which services major cryptocurrency firms, including Galaxy Digital, Coinbase, and Circle, has started cutting off some hedge fund clients. Citing people familiar with the matter, the Pennsylvania-based bank has reportedly decided to ‘unload’ several funds, though the amount is undisclosed. One of the informants argued that this move affected only inactive accounts and The post Customers Bank Reportedly Debanks Crypto Hedge Funds Amid FDIC Alert appeared first on CoinGape .

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