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Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse

October 3, 2023 by DIGIT

An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management. Go to Source

Categories Silvergate Bank, silvergate crypto, silvergate federal reserve, silvergate investigation, silvergate report


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  • bitcoinBitcoin(BTC)$87,488.000.45%
  • ethereumEthereum(ETH)$2,927.570.59%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$838.861.41%
  • rippleXRP(XRP)$1.850.20%
  • usd-coinUSDC(USDC)$1.000.02%
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  • tronTRON(TRX)$0.2796330.57%
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  • bitcoinBitcoin(BTC)$87,488.000.45%
  • ethereumEthereum(ETH)$2,927.570.59%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$838.861.41%
  • rippleXRP(XRP)$1.850.20%
  • usd-coinUSDC(USDC)$1.000.02%
  • solanaSolana(SOL)$123.190.72%
  • tronTRON(TRX)$0.2796330.57%
  • staked-etherLido Staked Ether(STETH)$2,926.810.39%
  • dogecoinDogecoin(DOGE)$0.1227120.22%