Silvergate Estate To Chip In For $37.5M Investor Settlement
By Katryna Perera ( May 22, 2025, 4:17 PM EDT) -- Silvergate Capital and investors suing over its collapse have reached a $37.5 million deal with a "rare" source of partial funding to resolve claims that the failed crypto-focused bank misrepresented its safeguards against onboarding customers like FTX, the fraud-ridden crypto exchange that made up roughly a sixth of the bank's deposit base....
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