Silvergate in crisis: Billions withdrawn, liquidations and losses mount

Silvergate lost nearly $1 billion in Q4 2022 alone as customers realized that FTX was once its biggest client.
Silvergate lost nearly $1 billion in Q4 2022 alone as customers realized that FTX was once its biggest client.
Despite Alameda’s lack of risk mitigation procedures, it appears those in charge of liquidations may be as gung-ho as the previous leaders.
Many phishing scams and ambulance-chasing lawyers are misleading FTX victims. Here’s the government’s official FTX contact information.
Former FTX lawyer Daniel Friedman spoke to investigators about Sam Bankman-Fried’s business dealings back in November, Reuters reports.
Harvard professor Larry Summers has wiped all mention of his advisory role at DCG following backlash for comments he made about FTX.