US bank Silvergate, which caters to crypto clients, reports liquidating debt to cover $8.1B in withdrawals as FTX collapsed and laying off 40% of its staff (David Benoit/Wall Street Journal)
US bank Silvergate, which caters to crypto clients, reports liquidating debt to cover $8.1B in withdrawals as FTX collapsed and laying off 40% of its staff (David Benoit/Wall Street Journal) https://bit.ly/3CpHcU0
David Benoit / Wall Street Journal:
US bank Silvergate, which caters to crypto clients, reports liquidating debt to cover $8.1B in withdrawals as FTX collapsed and laying off 40% of its staff — Bank sold assets at a loss to cover withdrawals and cut 40% of its staff but remains committed to crypto
0 Response to "US bank Silvergate, which caters to crypto clients, reports liquidating debt to cover $8.1B in withdrawals as FTX collapsed and laying off 40% of its staff (David Benoit/Wall Street Journal)"
Post a Comment
THANK YOU