[ad_1] By Amy Castor and David Gerard We’re all trying to find the guy who did this, but in stereo The blame game: Gemini versus DCG We’ve reached the stage in the crypto collapse where everyone is pointing at someone else. Everyone is a hero, and they’re going to work ceaselessly to find the guy … Read more
[ad_1] According to recent reports, several US senators have written to Silvergate Bank’s parent organization, Silvergate Capital, demanding information that the company has ‘prevented’ the demise of crypto exchange FTX. Senators and House members held hearings Senators including Republican John F. Kennedy, Democrat Roger Marshall, and Republicans Elizabeth WarrenAn investigation is said to be underway … Read more
[ad_1] Crypto-friendly bank Silvergate has announced a suspension of dividends on its Series A preferred stock. Shares of the company fell more than 11% pre-market after the announcement. Silvergate reported a $1 billion loss in the fourth quarter and cut its workforce by 20% amid the impact of the crypto bear market and FTX collapse. … Read more
[ad_1] Silvergate Capital Corp suspends dividend on its preferred stock. Wedbush Securities analyst reiterates his neutral rating at “SI”. Silvergate shares are currently down more than 85% since mid-August. Silvergate Capital Corp closed down 5.0% on Friday after the crypto bank halted a dividend on its preferred stock. Silvergate is trying to preserve capital Troubled … Read more
[ad_1] Silvergate, a crypto-friendly bank based in San Diego, becomes the latest victim of the crypto downfall. The company released a public statement pleading to have been exposed to the FTX debacle. Silvergate falls victim to FTX collapse Silvergate bank has accepted the hard truth of being exposed in the FTX saga. As a result, … Read more
[ad_1] Pomerantz LLP has filed a class action lawsuit against Silvergate Capital Corporation for its alleged involvement in a multi-million dollar money laundering scheme, making misleading statements concerning its operations, and more. More trouble for Silvergate Capital Pomerantz LLP, a multi-national law firm dedicated to helping the victims of securities fraud fight for their rights, … Read more