Dogecoin

According to a report that was published on Wednesday by Bloomberg, which cited people familiar with the case, the United States Department of Justice in Washington and Manhattan were investigating possible inadequate surveillance at Signature Bank in an effort to prevent money laundering. This investigation was being conducted in an effort to prevent money laundering.Some have stated that the United States Securities and Exchange Commission is also examining the bank. [Citation needed] [More citation is required]The notification that state regulators in New York had closed down Signature Bank, a financial institution situated in New York that had a large number of bitcoin clients, was made public on March 12 by the Federal Reserve.The Department of Justice (DOJ) was reportedly monitoring freshly formed accounts and looking for evidence of unlawful behavior in the transactions, as stated by the individuals who spoke with Bloomberg.When approached by Bloomberg, representatives from the Department of Justice (DOJ), the Securities and Exchange Commission (SEC), the United States Attorney&#39;s Office in Manhattan, and the Federal Deposit Insurance Corporation (FDIC) all declined to comment on the matter.

U.S. DOJ Was Investigating Signature Bank's Work With Crypto Clients: Bloomberg

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