California judge combines FTX-related Silvergate lawsuits
Lawsuits filed against Silvergate have been consolidated as all cases share allegations regarding the bank's role in supporting FTX in allegedly defrauding customers.
Latest silvergate News
Silicon Valley Bank follows Silvergate into the abyss—what comes next?
The Silicon Valley Bank will now need assistance from the Federal Deposit Insurance Corp. to have any hope of making its depositors whole, although even Federal Government assistance has limits.
Crypto’s US banking access more uncertain than ever
Silvergate has been living on borrowed time since it failed to file its latest financial report with the U.S. Securities and Exchange Commission by the already extended deadline.
Binance chats expose sham behind Binance.US ‘independence’
Wall Street Journal recently reported on internal communications that poke larger holes in Binance’s repeated assertions that the Binance.US exchange is an independent entity.
‘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.
Sam Bankman-Fried gets fresh indictment including bank fraud charges
A fresh slew of charges was brought against Sam Bankman-Fried, which was triggered after opening a bank account that he used to transmit and receive customer funds.
Metropolitan Bank announces exit from digital asset business
The New York-based Metropolitan Bank says it only had four active institutional digital asset clients who accounted for 1.5% of revenue and 6% of deposits.
Silvergate slumps as US senators seek answers on FTX ties
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.
Asian digital currency custody firm raises $3M for settlement network
First Digital Trust has raised $3 million from a Taiwanese venture capital firm to build its rapid settlement and clearing network which launches in May.
Silvergate wants to get into the crypto loan business
Silvergate Capital Corporation believes the time is right to get into the cryptocurrency loan business.