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The Times of India
The Times of India
Business
Bloomberg

Silvergate bet everything on crypto, then watched it evaporate

Silvergate Crypto Silvergate Capital Corp BankmanFried United States FTX New York

NEW YORK: Silvergate Capital Corp spent its final days under siege.

Bombarded by shortsellers, deserted by depositors and shunned by business partners, executives at the crypto-focused bank were face-to-face with US regulators at its La Jolla, California headquarters.

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