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The Rise and Fall of Silvergate’s Crypto Business


Silvergate Bank lost more than $8 billion in deposits from its crypto customers in the final months of 2022 as its core block of business crumbled under the industry’s implosion – just as the bank’s regulators had predicted might happen for such institutions

SEC’s Shadow Crypto Rule Taking Shape as Enforcement Cases Mount


U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks the cryptocurrency industry is playing a game with his agency. He has said that companies are well aware of what they have to do to operate legally within the U.S., but they’ve decided not to do it – some of them in open scorn...

Crypto Has an Incest Problem


Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money

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