
Silvergategate: The Collapse of Silvergate and the Future of Cryptocurrency Banking
Crypto Critics' Corner
00:00
Introduction
Silvergate Bank, which announced its intent to wind down operations and quote, voluntarily liquidate Silvergate Bank today. Cass PNC: This is pretty big news. We've talked about banking and cryptocurrency before, but this seems to be a moment. Mr. Bennett Tomlin: I think it's worth pointing out that essentially what happened was they put a bunch of their assets into higher yields for longer terms and weren't able to access them basically.
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