Cybersecurity

Russian Media, Crypto Scammers Seize on SVB Panic

‘Conspiratorial narratives' are inflaming social media panic over bank collapse, according to researchers.

A Silicon Valley Bank branch in Beverly Hills, California, US, on Monday, March 13, 2023. The collapse of Silicon Valley Bank has prompted a global reckoning at venture capital and private equity firms, which found themselves suddenly exposed all together to the tech industry's money machine. — A Silicon Valley Bank branch in Beverly Hills, California, US, on Monday, March 13, 2023. The collapse of Silicon Valley Bank has prompted a global reckoning at venture capital and private equity firms, which found themselves suddenly exposed all together to the tech industry's money machine.Photographer: Lauren Justice/Bloomberg

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Before it’s here, it’s on the Bloomberg Terminal

By Margi Murphy

March 15, 2023 at 12:00 PM EDT

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Before it’s here, it’s on the Bloomberg Terminal