Silvergate Capital Reveals its Exposure to Bankrupt Crypto Lender BlockFi

Silvergate Capital Reveals its Exposure to Bankrupt Crypto Lender BlockFi

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Silvergate Capital Corporation – a digital asset bank based in California – revealed its deposit relationship to the troubled crypto firm BlockFi was limited to less than $20 million of its total deposits. The latter filed for Chapter 11 bankruptcy protection in the United States earlier this…

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