The Breakdown cover image

A Real-Time History of the Crypto Banking Crisis, With Austin Campbell

The Breakdown

00:00

Cryptocurrency

A lot of this gets sort of murky pretty quickly. How much do you think that had to do with the general retreat from the industry, which was happening at the same time versus was a specific indictment or concern around Silvergate? You know, obviously you started to see very quickly the beginning of December political pressure on Silvergate as relates to their relationship with FTX and Alameda. But it's not necessarily super clear to what extent those December sort of deposit withdrawals had toDo with that vs just again, sort of a general move away from the industry.

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