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Crypto bank Silvergate is winding down, becoming another domino in the FTX collapse
linkweb3
2023-03-09
2907
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Summary：After nearly 10 years of serving the crypto industry, Silvergate Bank has been broken by the FTX collapse and its subsequent fallout. Citing “recent industry and regulatory developments,” the embattled bank announced March 8 it is winding down operations.
After nearly 10 years of serving the crypto industry, Silvergate Bank has been broken by the FTX collapse and its subsequent fallout. Citing “recent industry and regulatory developments,” the embattled bank announced March 8 it is winding down operations.
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