The court supported the claim that Silvergate knowingly aided the FTX fraud and had a strong incentive to conceal the
Silvergates’s CEO departs amid the ongoing issues caused by FTX fallout. Effects ripple even further into the cryto landscape.
This investigation could prove that Binance has tight controls over the subsidiary.
Silicon Valley Bank collapse strikes fear in the hearts of tech. Could crypto be a solution?
Crypto businesses in the U.S. are running out of banking options.
Silicon Valley Bank has had friendly relationships with crypto-focused venture capital firms.
KuCoin is the latest crypto exchange that distances itself from Silvergate’s liquidation.
Crypto exchanges are scrambling to distance themselves from the crypto-friendly Silvergate Bank.
The U.S. government-associated wallets sent almost 10,000 bitcoins to Coinbase.
Silvergate looks to be collapsing and the Whitehouse sees it another crypto failure.
BTC went down to $21,970 in 30 minutes early Friday morning.
Silvergate has been in a downward spiral since FTX collapsed.
Major institutions face class action lawsuits over their roles in enabling and promoting FTX.
The bank's shares went down as much as 28% on the news that the DOJ is investigating it.
Three U.S. senators addressed Silvergate CEO Alan Lane, asking for information about its involvement in the FTX debacle.
BlackRock has increased its stake in Silvergate Capital to 7.2%, causing the bank’s shares to jump by 9.96%.
Despite the losses, Silvergate remains positive about the crypto industry and maintains a “highly liquid balance sheet.”
Silvergate has laid off 40% of its staff as fallout sparked by FTX collapse worsens amidst the crypto winter.
Silvergate (SI) CEO Alan Lane has publicly addressed its investors.
The crypto bank said that BlockFi is not a custodian of its Bitcoin-collateralized SEN leverage loans.
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