Name: San Diego based crypto bank Silvergate announces shutdown
Uploaded: 2023-03-09T06:18:02Z
Channel: TEGNA
Description: Silvergate, a crypto-focused bank based in San Diego, is shutting down. The bank announced its decision to voluntarily liquidate Wednesday after experiencing a market meltdown. Silvergate was one of the first banks to get involved with crypto. MORE: https://www.cbs8.com/article/news/local/crypto-bank-silvergate-announces-shutdown/509-17e812f7-17b2-4e34-b661-a9191baa8aca

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San Diego based crypto bank Silvergate announces shutdown

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Description

Silvergate, a crypto-focused bank based in San Diego, is shutting down. The bank announced its decision to voluntarily liquidate Wednesday after experiencing a market meltdown. Silvergate was one of the first banks to get involved with crypto. MORE: https://www.cbs8.com/article/news/local/crypto-bank-silvergate-announces-shutdown/509-17e812f7-17b2-4e34-b661-a9191baa8aca

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KFMB

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local money news

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