Silvergate CEO calls out 'short sellers' spreading misinformation

In the statement, Lane also took the opportunity to "set the record straight” about its investment relationship with FTX and the firm's “robust risk management approach.”

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Crypto Bank Silvergate Capital Receives Bullish Rating from Wells Fargo

Despite the plunge in the crypto market, Wells Fargo is confident in Silvergate’s digital assets business. The Wall Street said that strengths in Silvergate should help its shares rise and business grow. (Read More)

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Facebook Ditches Diem Stablecoin Plans in $200M Sale

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Silvergate begins NYSE delisting process as it readies to cut 230 staff

The parent company of the collapsed Silvergate Bank will be delisted from the New York Stock Exchange, and 230 of its staff will be let go, Silvergate Capital has disclosed. In a May 11 filing to the United States Securities and Exchange Commission, Silvergate Capital said 230 staff will be “separated” starting May 12. The [...]

The post Silvergate begins NYSE delisting process as it readies to cut 230 staff appeared first on Crypto Breaking News.

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Federal Reserve Gives Consent Order to Silvergate Capital Corporation for Voluntary Self-Liquidation

The Federal Reserve Board announced a consent order against Silvergate Capital Corporation and its subsidiary Silvergate Bank on Thursday, providing the necessary regulatory supervision for the financial institution's voluntary self-liquidation. (Read More)

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