voluntary liquidation – DIGIT INFO

Silvergate downfall sparks debate over whose fault it actually was

DIGIT — Thu, 09 Mar 2023 06:00:57 +0000

The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs.

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Marathon Digital terminates credit facilities with Silvergate Bank

DIGIT — Thu, 09 Mar 2023 01:25:39 +0000

The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity.

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Silvergate Bank Announces Voluntary Liquidation as Crypto Industry Woes Persist

DIGIT — Wed, 08 Mar 2023 22:38:42 +0000

At 4:30 p.m. Eastern Time, Silvergate Bank announced its intention to wind down the crypto-friendly bank’s operations and voluntarily liquidate the company’s assets. The news follows significant financial troubles the bank faced, and the firm’s stock plummeted in value. Details of Silvergate’s Wind Down and Liquidation Plan Over the last six months, Silvergate Capital Corporation’s […]

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