Crypto Bank Silvergate Says BlockFi Exposure Limited to $20M

Crypto Bank Silvergate Says BlockFi Exposure Limited to $20M

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Crypto bank Silvergate says its exposure to BlockFi amounts to less than $20 million in customer deposits — a move to quell concerns over exposure to the now-bankrupt lender. Those funds would represent less than 2% of all crypto customer deposits maintained by Silvergate, which totaled $11.9…

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