Silicon Valley Bank Scrubs Website, Deletes Twitter and YouTube Videos

SHARE
TWEET
Silicon Valley Bank Scrubs Website, Deletes Twitter and YouTube Videos

Silicon Valley Bank deleted its Twitter account, Youtube videos and scrubbed its website after the bank went up for auction on Saturday.

Regulators shut down Silicon Valley Bank on Friday.

Not long after the auction began, users noticed the official Silicon Valley Bank Twitter accounts had been deleted.

SVB’s Twitter account faced ridicule recently for tweeting a Forbes article that ranked the bank as one of the top banks in the U.S.

Silicon Valley Bank’s website was also scrubbed and now only displays a message on the homepage that reads:

“On Friday, March 10, 2023, Silicon Valley Bank, Santa Clara, CA was closed by the California Department of Financial Protection & Innovation. Subsequently, the Federal Deposit Insurance Corporation (FDIC) was named Receiver. No advance notice is given to the public when a financial institution is closed.”

SBV’s deleting spree didn’t end there. we

The now-collapsed bank also deleted all of its YouTube videos.

The news comes following revelations the Bank acted as a bridge to China and Chinese tech engineers.

The South China Morning Post noted the bridge between the bank and China:

The collapse of Silicon Valley Bank (SVB) has created a sense of panic within China’s tech start-up and venture capital (V.C.) sector, as the lender served as a bridge between U.S. capital and Chinese tech entrepreneurs.

As of Sunday afternoon, topics related to the collapse of the bank, including “SVB bankruptcy has spread to multiple countries” and “SVB bankruptcy affects Chinese entrepreneurs,” were trending on Chinese microblogging site Weibo, with posts receiving hundreds of millions of views.

CNN noted that the SPD Silicon Valley Bank, which was owned 50-50 owned by SVB and local partner Shanghai Pudong Development Bank, said its operations were “sound.”

“The bank has a standardized corporate governance structure and an independent balance sheet,” it said in a statement. “As China’s first technology bank, SPD Silicon Valley Bank is committed to serving Chinese science and technology companies, and has always had sound operations in accordance with Chinese laws and regulations.”

SVB Financial Group, which is the parent company of SVB, also has two business consulting firm in mainland China, according to corporate database Tianyancha.

READ MORE: 6 Large Banks to Participate In Pilot ‘Social Credit System’ for ‘Climate Scenario’

NOTICE: Our comment section is currently disabled due to malicious attacks preventing our readers being able to comment properly. We are in the process are implementing a new system which will be live soon! Sorry for any inconvenience!

SHARE
TWEET
Telegram
Email
Reddit
Subscribe
Notify of
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Marbran
Marbran
1 year ago

China, China, China. Everywhere you turn. If the Chinese say their arm in SVB is sound, you can bet that havoc will soon ensue there, as well.

Breaking

Trending

Brian Stelter Visibly Upset after Being Mailed a Potato by Fox News Viewer
Brian Stelter Visibly Upset after Being Mailed a Potato by Fox News Viewer - WATCH
Former CNN anchor Brian Stelter recalled on his podcast being mailed a potato from a Fox News viewer,...
Dr. Phil Warns Americans to Prepare for Next Lockdowns: ‘You Better Have a Plan’
Dr. Phil Warns Americans to Prepare for Next Lockdowns: ‘You Better Have a Plan’
Dr. Phil McGraw is warning Americans to plan their resistance against the next government-imposed lockdowns. During...
Top Democrat Arrested for Faking Signatures of Dead People on Election Petition
Top Democrat Arrested for Faking Signatures of Dead People on Election Petition
Democrat and Peekskill Common Council member and Housing Authority Board member Rob Scott, 44, has been...
BlackRock CEO Larry Fink's Meltdown Caught On Audio after Red States Cut Off Funds to His Woke Company
BlackRock CEO Larry Fink's Meltdown Caught On Audio after Red States Cut Off Funds to His Woke Company
Radical left Blackrock CEO Larry Fink was caught having a total meltdown after red states cut off funds...
French First Lady Brigitte Macron Goes to Trial to Fight Claims She's a Man
French First Lady Brigitte Macron Goes to Trial to Fight Claims She's a Man
France’s first lady, Brigitte Macron, is going to trial in a Paris court to fight “conspiracy...
Germany to BAN DRIVING At Weekends To Fight 'Climate Change'
Germany to BAN DRIVING At Weekends To Fight 'Climate Change'
The German transport minister said he will soon be enforcing a complete ban on driving at weekends so...
Riots Erupt in Sydney after Famous Priest Stabbed in Front of Worshippers
Riots Erupt in Sydney after Famous Priest Stabbed in Front of Worshippers
Sydney has been shaken by another stabbing attack after a knife-wielding man stabbed a priest while he...
Michael Moore Give Democrats Reality Check: 'Trump Is Going to Win'
Michael Moore Gives Democrats a Reality Check: 'Trump Is Going to Win'
Leftist filmmaker Michael Moore broke down during a live TV interview, admitting that Joe Biden is going...
Illegals Migrants at NYC City Council Meeting Complain about Free Food, Housing
Illegals Migrants at NYC City Council Meeting Complain about Free Food, Housing
African illegals at a New York City Council meeting have complained that the free food and housing provided...
Special Advisor Blows Whistle: Obama and Hillary Clinton Are Running Biden Administration
Special Advisor Blows Whistle: Obama and Hillary Clinton Are Running Biden Administration
A special advisor at the United States Small Business Administration (SBA) revealed to an O’Keefe...
1
0
What are your thoughts? Click to commentx
()
x

JOIN THE FIGHT!

SIGN UP FOR OUR FREE BREAKING NEWSLETTER STRAIGHT TO YOUR INBOX! 

We don’t spam! Read our Privacy Policy for more info.