Silvergate Bank Says It’s Self-Liquidating, Winding Down Operations
National Mortgage News, Mar. 8, 2023–Kate Berry (subscription)
The state-chartered Silvergate Bank, based in La Jolla, Calif., ran into trouble last year after crypto companies removed deposits following the collapse of the cryptocurrency exchange FTX. Both FTX and its sister firm Alameda Research had accounts at Silvergate.
https://www.nationalmortgagenews.com/news/silvergate-bank-say-its-self-liquidating-winding-down-operations?