Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings

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Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings

Shares of Silvergate Capital (SI) fell sharply after the market close on Thursday following the publication of a Bloomberg article that the U.S. Department of Justice’s fraud unit was looking into the crypto bank’s dealings with the now-bankrupt FTX and Alameda Research. www.coindesk.com

Shares of Silvergate Capital (SI) fell sharply after the market close on Thursday following the publication of a Bloomberg article that the U.S. Department of Justice’s fraud unit was looking into the crypto bank’s dealings with the now-bankrupt FTX and Alameda Research.

www.coindesk.com