Earlier this month, Silvergate gathered its staff to celebrate its transformation into the go-to bank for the crypto market. Then, the crypto market blew up.
The collapse of Sam Bankman-Fried’s empire has sparked investor fears about banks that courted crypto companies
The collapse of FTX has set off the largest crypto-related bankruptcy ever, and court filings are already shedding light on what went wrong and how complicated things could get. Here are three things to know about the company’s bankruptcy process. Photo: Lam Yik/Bloomberg NewsEarlier this month, Silvergate Capital Corp. gathered its staff to celebrate its transformation into the go-to bank for the crypto market.
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