Tag: Silvergate
Silvergate Uncertainties May Put TradFi Heavy Hitters’ Stakes in Jeopardy
It's not clear if the stakes in the company are directional bets by the TradFi players and most of the filings were made on Dec. 31, according to Fact [...]
Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries
The Silvergate filing continued: "There are or will be important factors that could cause the Company’s actual results to differ materially from those [...]
Silvergate Loses a Bull as KBW Analyst Downgrades on Limited Visibility
However, the downgrade doesn't mean the analyst is giving up completely on the stock. "As SI's shares have fallen, we have defended the bank's managem [...]
Binance Moved Funds From US Affiliate’s Silvergate Bank Account in 2021: Reuters
According to the report, Binance moved the funds between January and March 2021 from BAM Trading's Silvergate Account. BAM Trading is the name of the [...]
SBF and FTX fraud ‘aided and abetted’ by Silvergate Bank, alleges lawsuit
Silvergate Bank and its CEO Alan Lane have been accused of “aiding and abetting” a “multibillion-dollar fraudulent scheme orchestrated by Sam Bankman- [...]
Ken Griffin's Citadel Securities Discloses 5.5% Silvergate Stake
An SEC filing shows the stake, which doesn’t necessarily represent a new investment strategy.
www.coindesk.com [...]
Crypto bank Silvergate ranks as the second most-shorted stock on Wall Street
Crypto bank Silvergate Capital Corp. stands in the second position as most-shorted stock in the United States, with over 72.5% of its shares shorted, [...]
Silvergate faces DOJ investigation over FTX and Alameda dealings: Report
Crypto bank Silvergate is reportedly being probed by the United States Department of Justice fraud unit over its involvement with the bankrupt FTX exc [...]
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. Depar [...]
Fund Management Giant State Street Increases Stake in Silvergate to 9.3%
Alongside a big rally in crypto-related stocks Thursday, shares in Silvergate are soaring 38% and are now higher by 30% year-to-date. They remain lowe [...]
Crypto Bank Silvergate Shares Move Higher After BlackRock Boosts Stake
Stung first by 2022's bear market in crypto and then again in November thanks to its large deposit relationship with collapsed crypto exchange FTX, Si [...]
US lawmakers renew request for answers from Silvergate on FTX: Report
Several United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the parent company of Silvergate Bank — re [...]
US Senators Press Crypto Bank Silvergate on Ties to FTX: 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 exc [...]
Silvergate suspends dividends to preserve ‘highly liquid balance sheet’
California-based crypto bank Silvergate has suspended dividend payouts to preserve its “highly liquid balance sheet.”In a Jan. 27 announcement, the fi [...]
Crypto Bank Silvergate Suspends Dividend on Preferred Stock
Suffering contagion from the collapse of several crypto firms last year, which came to a head with the demise of crypto exchange FTX in November, Silv [...]