The bank provides deposit, payment and security services to the digital currency industry, which has been reeling from high-profile bankruptcies
Potential losses for investors are unclear but could be in the billions.U.S. prosecutors charged Bankman-Fried
Already, at least two lawsuits have been filed by Silvergate shareholders alleging the bank made misleading statements to its investors. Both seek class-action status. “Alameda Research is a large crypto hedge fund and FTX is a large crypto exchange,” he said, “so it’s natural for Silvergate to provide payment services to each.”
Silvergate doesn’t own or trade cryptocurrency itself. It provides many traditional banking services — including deposit services, fund transfers, 24/7 U.S. dollar transaction facilitation, customer account controls and security — needed to enable digital currency trading.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
San Diego Rescue Mission hosts Christmas Outreach Meal, Dec. 17 -SAN DIEGO (KUSI) – On Saturday, Dec. 17 the San Diego Rescue Mission will provide a Christmas Outreach Meal for hundreds of homeless individuals in San Diego. The San Diego Rescue Mission addresses the humanitarian crisis of unsheltered individuals in San Diego County through 30-day emergency shelter for women and children, a residential program featuring year-long rehabilitation and holistic approaches...
Baca lebih lajut »
San Diego's most festive holiday homes!! -SAN DIEGO (KUSI) – KUSI’s Teresa Sardina went live in East County where one of the most festive holiday homes in San Diego was dazzling the locals. Categories: Entertainment, Good Evening San Diego, Good Morning San Diego, Local San Diego News
Baca lebih lajut »
San Diego's Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapseThe bank provides deposit, payment and security infrastructure to the digital currency industry, which has been reeling from high-profile bankruptcies
Baca lebih lajut »
Four San Diego Homeless Shelters Open Due to Stormy WeatherThe Inclement Weather Shelter Program for San Diegans experiencing homelessness was activated Sunday by the San Diego Housing Commission in partnership with the city of San Diego.
Baca lebih lajut »