Silvergate Capital’s Ratings Cut by Moody’s Amid Crypto Meltdown

(Bloomberg) -- Moody’s Investors Service cut its ratings on Silvergate Capital Corp. and its bank subsidiary Silvergate Bank, citing concern about its viability amid the crypto market’s turmoil and a crackdown by federal regulators.Most Read from BloombergAmazon Pauses Construction on Second Headquarters in Virginia as It Cuts JobsAmericans Need to Be Richer Than Ever to Buy Their First HomeSingapore PM Lee’s Estranged Brother Weighs Presidential RunFed Event Scrapped After Participant Shows Por