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San Diego's Silvergate Capital faces questions from lawmakers amid FTX crypto exchange collapse

Por: Los Angeles Times Business December 14, 2022

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San Diego’s Silvergate Capital made its name in recent years as one of a few traditional banks providing deposit, fund transfer, security and other services for the cryptocurrency trading market. But two-high profile crypto exchange bankruptcies — one of which is alleged to involve fraud — have sent the small financial institution's shares reeling and drawn the scrutiny of lawmakers. Silvergate’s stock price has plunged nearly 89%... + full article



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