Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist – Bitcoin News

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'Silvergate believes an orderly wind down of bank operations and a voluntary liquidation of the bank is the best path forward,” the bank said. SilvergateBank Crypto

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To be clear, FTX, Do Kwon & Silvergate and Voyager were already bankrupt, they were just good at keeping it a secret for long enough!!!! There has to be a difference between already bankrupt or gone bankrupt due to circumstances !

What a coincidence there choosing this time to do it. With crypto trying to get a run going. This the third crypto bank to do this. Coincidence?🤔

Bear market still taking it's victims, but the space will be cleaner and stronger after this.

Totally agree, but I only use ChiefraFba for signals and analysis

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Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silvergate Capital shares tank after company announces plan to wind down bankSilvergate Capital Corp. shares plunged 30% in after-hours trading Wednesday after the company said it intended to wind down operations and voluntarily...
Source: MarketWatch - 🏆 3. / 97 Read more »