H.E Justin Sun, the founder of the blockchain DAI ecosystem TRON and the Global Advisor to the international crypto exchange Huobi, shared a Twitter thread on March 12 highlighting the “potential harm” prevalent in the financial sector, referring to the debacle of the commercial banking company Silicon Valley Bank (SVB).
Earlier, on March 10, the California Department of Financial Protection and Innovation (DFPI) asked SVB to shut down due to some undisclosed reasons, leading many financial institutions and investors at risk.
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