Silvergate, which now holds less than $10,000 according to the statement, said in March it intended to voluntarily liquidate after being hit with losses following the dramatic collapse of crypto exchange FTX.
Silvergate Capital, a bank known for its focus on crypto services, has recently completed the repayment of all its deposit liabilities. This move aligns with…
Crypto-focused bank Silvergate
Capital said on Wednesday it had fully repaid all remaining
deposit liabilities, following the bank s decision earlier this
year to wind down operations. .
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