Justice Department opens probe into Silicon Valley Bank after its sudden collapse

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A Silicon Valley Bank office in Tempe, Arizona. Rebecca Noble/AFP via Getty Images

Rebecca Noble/AFP via Getty Images

The Justice Department has launched a inquiry into the sudden collapse of Silicon Valley Bank, according to a person with direct knowledge of the investigation.

Federal prosecutors are starting to ramp up a probe into the doomed Silicon Valley Bank just days after a bank run led to its swift collapse. In response, the the Biden administration took extraordinary measures to shore up billions of

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