I get it’s risky for banks but I do still feel surprised larger banks are averse to banking crypto companies - even for basic services. I’ve consulted with a few and always had to onboard them with small neo banks. I couldn’t even get them banked at Signature in 22. I always assumed since big banks could more easily absorb the risk they’d be less averse to taking on high risk clients. But no, the opposite is definitely the case.
PPP and all programs like it were, and are, a total fraud from the top down. Nothing but grift, theft, and wholesale, widespread international fraud on a scale larger than most could imagine. Absolutely sickening and a total affront to responsible savers and taxpayers.
I get it’s risky for banks but I do still feel surprised larger banks are averse to banking crypto companies - even for basic services. I’ve consulted with a few and always had to onboard them with small neo banks. I couldn’t even get them banked at Signature in 22. I always assumed since big banks could more easily absorb the risk they’d be less averse to taking on high risk clients. But no, the opposite is definitely the case.
PPP and all programs like it were, and are, a total fraud from the top down. Nothing but grift, theft, and wholesale, widespread international fraud on a scale larger than most could imagine. Absolutely sickening and a total affront to responsible savers and taxpayers.