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U.S. Bank Collapse: DigiTech, social media escalate failures, cause havoc

CGTN, 18 Mar 2023
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Silicon Valley Bank is the first true digital bank run, says Richard Turrin, veteran investment banker, expert on digital fintech and author of "Cashless: China's Digital Currency Revolution." Social media was part of the bank run, which triggered panic and led to people who are connected to the bank digitally moving their money in a heartbeat.

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