Silvergate Capital filed for bankruptcy in Delaware on September 18, 2024. The bank, which closed in March 2023, will not provide compensation to shareholders. Regulatory investigations and the collapse of the crypto market are blamed for Silvergate's financial decline. Silvergate Capital, the parent company of Silvergate Bank, filed for bankruptcy in Wilmington, Delaware, on September 18, 2024. This step marks [...]
The post first appeared on CoinJournal.