BlockchainCryptoPolitics

The Government seized Signature Bank.

Read full article at source ↗

Based on the episode description, not a full transcript. Source evidence retrieved 25/09/2026, 15:48:24 UTC.

Briefings

Avi Felman interviews Scott Shay, co-founder of Signature Bank, about the bank's $110 billion valuation, its zero-acquisition growth strategy, and the 2026 seizure of the institution. Shay recounts how Signature was taken despite being mark-to-market positive and raising $20 billion, highlighting the personal toll of congressional testimony. The conversation explores the 1980s Wall Street environment, the decision-making power of business partners, and Shay's shift to blockchain maximalism in 2013. Shay describes the personal toll of testifying before Congress and explains his current focus on building a full-reserve bank that removes fractional banking entirely.

Key points

• Signature Bank grew to $110 billion in assets without ever making a single acquisition, a strategy Shay attributes to the importance of business partners over traditional financial engineering.
• The bank was seized in 2026 despite being mark-to-market positive and raising $20 billion, an event Shay describes as a personal tragedy requiring testimony before Congress.

Context and limitations

This podcast episode covers Signature Bank's history from 1980s to 2026, but specific dates for the seizure and the exact timeline of the 2026 event are not fully detailed in the transcript.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 25/09/2026, 15:50:16 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

View archived briefing on IPFS
bafybeiaspb62exms36zgoiw4tm26u6h7oxeyxhbjdijwixykughmjhnsvq