Silvergate Bank in troubles?

[dembe]

https://finance.yahoo.com/news/cryp...m-silvergate-as-bank-collapses-175633982.html

 

[JohnnyDoe]

They rejected me in 2017, but of course they accepted FTX. 6 years later…

 

[void]

They rejected me in 2017, but of course they accepted FTX. 6 years later…

most probably because you didn't have this trustworthy innocent angel look...

 

[Martin Everson]

Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown​

https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html

 

[csp dubai]

i think all this cripto money was managed by idiots

 

[JohnnyDoe]

Silvergate's email to me in 2017:

"I regret to inform you that your request for an account at Silvergate has been denied by our Compliance team. There are a number of potential factors that could have led to this decision. Unfortunately, it’s a bit of a ‘black box’ for me too. Considerations include operational risk, regulatory risk, reputational risk and compliance risks.

Thanks for your patience with this process, I wish that the outcome would have been different."