Crypto Bank Silvergate Plunges After It Says Examining Viability, Delays Annual Report

(Bloomberg) -- Cryptocurrency-friendly bank Silvergate Capital Corp. is examining its viability and said it’s delaying its annual report to allow time to review financial controls, following the collapse of Sam Bankman-Fried’s FTX. The shares plunged as much as 25%.Most Read from BloombergSorry, Twitter. Elon Found His Next Shiny Object.How to Get a Free Flight to Hong Kong in 500,000 Airline Ticket GiveawayLightfoot Is First Chicago Mayor to Lose Reelection in 40 YearsWorld’s Rich Take Advantag