Silvergate (SI) Says It Has Less Than $20M of BlockFi Deposit Exposure By DailyCoin

Silvergate (SI) Says It Has Less Than $20M of BlockFi Deposit Exposure By DailyCoin

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Crypto bank Silvergate’s (SI) deposit relationship with BlockFi is limited to less than $20 million of its total deposits from all digital asset customers. The company said this on Monday, hours after the crypto lender filed for bankruptcy. Silvergate was quick to clarify BlockFi is not a…

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