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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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 »