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How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

by Index Investing News
March 10, 2023
in Cryptocurrency
Reading Time: 1 min read
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In the end, Silvergate Bank didn’t survive. But its executives were able to avoid taking government assistance. Silvergate Capital’s share price is down 83% since March 1, the day the bank said it was unable to file its annual report. But with shareholders taking the hit – not depositors or the government – it was, in a way, the ideal scenario for a bank collapse, as strange as that sounds.



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Tags: bailoutbanksCollapseCryptoDifferedSiliconSilvergatesValley
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