Crypto Bank Silvergate Plunges After It Says Examining Viability, Delays Annual Report
1 Mar
2023
1 Mar
'23
11:29 p.m.
Crypto Bank Silvergate Plunges After It Says Examining Viability, Delays Annual Report https://www.bloomberg.com/news/articles/2023-03-01/silvergate-says-annual-fi... Cryptocurrency-friendly bank Silvergate Capital Corp. (SI) is studying whether it’s still viable and reviewing its financial controls, following the collapse of Sam Bankman-Fried’s FTX. The shares plunged as much as 25%.
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Gunnar Larson