SVB and Signature Bank: all the news from the tech bank collapse of 2023

Silvergate: “We’re fine!”

Silvergate Capital, a famous crypto bank, has filed a letter with the SEC from its CEO, Alan Lane. Apparently, he is using it to correct what he terms “speculation — and misinformation — being spread by short sellers and other opportunists.”

Okay! Unfortunately for Lane, this question raises more questions than it answers, such as what his “extensive due diligence” on FTX and Alameda consisted of!

Read the full article Here

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