Silvergate Corp., to Liquidate and Wind Down Operations as Regulatory Pressure Mounts

Silvergate Corporation, the parent firm of Silvergate Bank, has announced that it plans to wind down operations and liquidate the bank voluntarily. This decision follows the collapse of the crypto exchange FTX, which caused major operational headwinds for Silvergate Bank. The bank stated that the winding down of operations will occur in accordance with regulatory … Silvergate Corp., to Liquidate and Wind Down Operations as Regulatory Pressure Mounts Read More »