They have also been asked to provide information about the alleged “coddling” of any of their executives or board members by SVB, including details about financial relationships between the executives and SVB, any trips executives took that were sponsored by SVB, and whether any executive ever raised a red flag internally about SVB’s exposure to uninsured assets.
Source: https://www.coindesk.com/policy/2023/04/11/sen-warren-rep-aoc-send-letters-to-circle-blockfi-asking-why-they-banked-at-svb/?utm_medium=referral&utm_source=rss&utm_campaign=headlines