The Plot to Destroy Silvergate and Debank Crypto
The Breakdown
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Intro
This chapter explores the factors leading to the collapse of Silvergate Bank, particularly focusing on the impact of regulatory pressures from Operation Choke Point 2.0. It examines how increased scrutiny and the aftermath of the FTX scandal positioned Silvergate as both a key player in crypto banking and a casualty of governmental measures against the sector.
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Transcript
