How Silvergate’s Crypto Collapse Differed From Silicon Valley Financial institution’s: No Bailout

by Jeremy

Ultimately, Silvergate Financial institution didn’t survive. However its executives had been capable of keep away from taking authorities help. Silvergate Capital’s share value is down 83% since March 1, the day it stated it was unable to file its annual report. However with shareholders taking the hit – not depositors or the federal government – it was, in a means, the best state of affairs for a financial institution collapse. As unusual as that sounds.

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