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Results for Most Read, Spotlight, Silvergate

3 stories, newest first

May 31, 2023 — Banking, Crypto

Before Silvergate Bank closed, Block.One founder, Brendan Blumer, Citadel, and Cathie Wood’s ARK Invest all made doomed attempts to save it.

Brendan Blumer of EOS and Block.One fame invested over $90 million in Silvergate right before it collapsed 80%.

Jan 18, 2023 — FTX, Silvergate

Silvergate lost nearly $1 billion in Q4 2022 alone as customers realized that FTX was once its biggest client.