A bipartisan group of U.S. senators is pushing Silvergate Capital to provide more details about what it knew about FTX’s alleged misuse of customer funds, according to Bloomberg. By NelWang
A bipartisan group of U.S. senators is pushing Silvergate Capital to provide more details about what it knew about FTX’s alleged misuse of customer funds, according to a report in Bloomberg.
In a letter sent to Silvergate on Monday that was viewed by Bloomberg, the senators asked Silvergate about its connections to the collapsed crypto exchange, saying the firm’s previous responses to similar questions in December were “evasive and incomplete.”Shares of Silvergate were up more than 4% in early trading on Tuesday, but have declined 88% over the past year.Read more:
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