OTC Deals
ā
OTCbid - US bank suffers losses and job cuts after $11.6 billion in crypto withdrawals
" Past data show that we are approaching one of the best times to buy Bitcoin.
" The cryptocurrency crisis has hit yet another operator, with it having to scramble to sell off assets to stay afloat as well as laying off hundreds of staff.
ā
A US bank has been forced to sell off assets and cut staff after it saw $US8 billion ($A11.6 billion) worth of cryptocurrency withdrawn by customers.
ā
Silvergate, a bank which offers cryptocurrency services, revealed it had seen the huge amount of cryptocurrency taken out in just three months at the end of last year.
ā
As a result, it was forced to sell $US5.2 billion ($A7.5 billion) in assets – including some at a loss of $US718 million ($A1.04 billion) – to cover the sudden withdrawal of funds and to continue trading.
ā
US research firm Federal Financial Analytics managing partner Karen Petrou described the bank’s experience as “unprecedented” and “unusual”.
ā
“Because they were so dependent on crypto funding, they were vulnerable for a run. Given the crypto market has been unstable, they got it,” she told Bloomberg." - Read More
ā
ā
ā
1160 BTC BUYER IN US
-3.5% Gross, -1.5% Net, Brite Banc Escrow, Florida, US
Seller Mandate Only
ā
ā
ā
ā
ā
NEW: 1160 BTC @ -3.5% Gross, -1.5% Net, Brite Banc Escrow, Florida, US - Look For Seller
(Buyer ; SHIS PASS-TELE)
Post: 10.1.23
āāāā
-
Buyer is buying 1160 BTC @ -3.5% Gross, -1.5% Net via Brite Banc Escrow platform.
āā
-
Buyer = 1.5%
-
Buyerside = 1.5%
-
Sellerside = 1.5% ā
ā
-
PROCEDURE :ā
ā
-
Funds are loaded in Brite Banc
-
$20 million usd worth of BTC
-
Escrow Attorney in Florida
-
Request Seller procedureā
ā
SELLER MANDATE ONLY
ā
Interested parties should contact :
āā
-
OTCbid@gmail.com
-
Telegram @OTCbiddotcom
-
Telegram: +1 (786) 632 8577
