Silvergate raced to cover $8.1 billion in withdrawals during crypto meltdownPersonal FinanceSilvergate raced to cover $8.1 billion in withdrawals during crypto meltdown

Silvergate raced to cover $8.1 billion in withdrawals during crypto meltdown

January 5, 2023
Personal Finance


The collapse of crypto exchange FTX sparked a run on Silvergate Capital Corp., forcing the bank to sell assets at a steep loss to cover some $8.1 billion in withdrawals.


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http://ganesh@finplay.in

Finance enthusiast, Mutual fund expert.

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