Bots and fake accounts spread misinformation about , triggering the withdrawal of $100billion in deposits and driving its share price down until it became the second-biggest bank failure in U.S. history, according to a new report.Valent Technologies used technology to examine online activity during last year's banking crisis that began with the collapse of in March.That was followed by an unusual cascade of tweets and posts from bots that targeted First Republic, which analysts believed was on a firmer financial footing, coinciding with a collapse in confidence that led depositers to withdraw their cash.
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