Silvergate Capital files for bankruptcy amid crypto market turmoil

Silvergate Capital filed for bankruptcy on September 18, 2024, in Delaware. The bank, shuttered in March 2023, will not compensate common stockholders. Regulatory probes and the crypto market collapse blamed for Silvergate’s financial downfall. Silvergate Capital, the parent company of Silvergate Bank, filed for bankruptcy in Wilmington, Delaware on September 18, 2024. The move marks […] source: https://coinjournal.net/news/silvergate-capital-files-for-bankruptcy-amid-crypto-market-turmoil/