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Short Seller Who Predicted FTX, Silvergate Capital Collapses And Shorted SVB Financial Has New Banking Target: 'A Worldwide Money Laundering Story' - Signature Bank (NASDAQ:SBNY)

Mar 11, 2023 · 1 min read · 43 points
Short Seller Who Predicted FTX, Silvergate Capital Collapses And Shorted SVB Financial Has New Banking Target: 'A Worldwide Money Laundering Story' - Signature Bank (NASDAQ:SBNY)
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The short seller who famously predicted the collapse of FTX and Silvergate Capital Corporation (NYSE: SI) has more stocks to call out and warn investors about.

Highlights

  • Marc Cohodes predicted collapse of FTX and Silvergate Capital Corporation.
  • The short seller also warned investors about Signature Bank SBNY and SVB Financial Group SIVB.
  • Cohodes said he has turned evidence over to the government on Signature Bank.
  • Signature also has 25% of its deposits related to the cryptocurrency sector, he said.
  • The bank is connected to it.
  • The story is going to get bigger, he warned investors.

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