By Katryna Perera ( September 8, 2023, 9:02 PM EDT) -- The Federal Deposit Insurance Corp., acting on behalf of the failed Silicon Valley Bank, has asked a California federal judge to dismiss a 2018 suit alleging that the bank's unauthorized transfer of $4.25 million into the account of a venture capitalist firm created the false appearance of embezzlement and caused significant damage to the firm....
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