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Silvergate shutting down operations, liquidating after crypto ... - CNBC
https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html
WEBVIDEO 03:08. Silvergate Capital shares plummet after announcing plans to liquidate. Silvergate Capital, a central lender to the crypto industry, said Wednesday it’s winding down operations and...
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Silvergate Bank - Wikipedia
https://en.wikipedia.org/wiki/Silvergate_Bank
WEBSilvergate Bank was a California bank founded in 1988. The company began providing services for cryptocurrency users in 2016, and conducted an IPO in 2019. In November 2022, concerns were raised about Silvergate's health, after a fall in cryptocurrency prices and the bankruptcy of FTX.
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Silvergate has collapsed - The Verge
https://www.theverge.com/2023/3/8/23631320/silvergate-wind-down-liquidiation-announcement
WEBMar 8, 2023 · Silvergate, a bank heavily tied to the US crypto economy, announced it’s shutting down after FTX’s collapse sparked a massive run on the bank, with customers withdrawing $8.1 billion in just one...
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Silvergate | Silvergate Capital Corporation Announces Full …
https://ir.silvergate.com/news/news-details/2023/Silvergate-Capital-Corporation-Announces-Full-Repayment-of-Silvergate-Banks-Remaining-Deposit-Liabilities/default.aspx
WEB11/22/2023. LA JOLLA, Calif. – Silvergate Capital Corporation (“Silvergate” or the “Company”), the holding company for Silvergate Bank (the “Bank”), today announced that, in connection with the previously disclosed plan to wind down the operations of and voluntarily liquidate the Bank in an orderly manner and in accordance with ...
DA: 50 PA: 65 MOZ Rank: 47
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Silvergate | Silvergate Capital Corporation Announces Intent to …
https://ir.silvergate.com/news/news-details/2023/Silvergate-Capital-Corporation-Announces-Intent-to-Wind-Down-Operations-and-Voluntarily-Liquidate-Silvergate-Bank/default.aspx
WEB03/08/2023. Company Considering How to Best Preserve Residual Value of its Assets. LA JOLLA, Calif.-- (BUSINESS WIRE)-- Silvergate Capital Corporation (“Silvergate” or “Company”) (NYSE:SI), the holding company for Silvergate Bank (“Bank”), today announced its intent to wind down operations and voluntarily liquidate the Bank in an ...
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Crypto-friendly lender Silvergate collapses | CNN Business
https://www.cnn.com/2023/03/08/business/silvergate-winds-down-crypto/index.html
WEBMar 9, 2023 · New York CNN —. Crypto-focused lender Silvergate said it is winding down operations and will liquidate the bank after being financially pummeled by turmoil in digital assets. “In light of ...
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Federal Reserve Board announces consent order against Silvergate
https://www.federalreserve.gov/newsevents/pressreleases/enforcement20230601a.htm
WEBJune 01, 2023. Federal Reserve Board announces consent order against Silvergate Capital Corporation and Silvergate Bank to facilitate the voluntary self-liquidation that Silvergate announced on March 8, 2023. For release at 11:00 a.m. EDT.
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Crypto Bank Silvergate Announces 'Voluntary Liquidation' - CoinDesk
https://www.coindesk.com/policy/2023/03/08/crypto-bank-silvergate-announces-voluntary-liquidation/
WEBMar 8, 2023 · Policy. Crypto Bank Silvergate Announces 'Voluntary Liquidation' The bank revealed last Wednesday it would have to delay filing its annual 10-K report due to questions from its auditors. By...
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Crypto bank Silvergate announces liquidation amid sector turmoil
https://www.theguardian.com/technology/2023/mar/09/crypto-bank-silvergate-liquidation-sector-turmoil-wind-down-ftx-exchange
WEBMar 9, 2023 · Silvergate reported a $1bn (£840m) loss for the fourth quarter of 2022 after investors raced to withdraw more than $8bn in deposits. Photograph: Pavlo Gonchar/Sopa Images/Rex/Shutterstock....
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