Crypto Skeptic Peter Schiff Agrees To Liquidate His Troubled Bank
As it happens, Schiff admitted that he had reached a settlement to liquidate his bank based in San Juan, as the climax of the lengthy conflict with the banking regulators on the Caribbean island, the New York Times’ Frances Robles reported on August 9. What the liquidation agreement says According to the report, the regulators have acknowledged in the deal that Schiff’s bank did indeed have cash at its disposal, despite declaring it insolvent earlier....