
‘Crypto’ firms unbank themselves from struggling Silvergate
Silvergate notified the U.S. SEC that it wouldn't be filing the annual report on its fiscal health by March 16, insisting it "requires additional time" to fully diagnose its shortcomings.
Silvergate notified the U.S. SEC that it wouldn't be filing the annual report on its fiscal health by March 16, insisting it "requires additional time" to fully diagnose its shortcomings.
The fraud division of Department of Justice recently began scrutinizing Silvergate Bank for its dealings with SBF's FTX exchange and its affiliated market-maker Alameda Research, according to Bloomberg.
Silvergate CEO Alan Lane slams “speculation and misinformation” on his firm's alleged instability following the FTX collapse, insisting that its customers' deposits remain accessible and safe.