PANews reported on January 12 that the US crypto bank Silvergate Bank recently announced some preliminary financial indicators for the fourth quarter of 2022, indicating that it received $4.3 billion in aid from the San Francisco-based Federal Home Loan Bank after the bankruptcy of FTX. As of the end of the third quarter of 2022, the top 10 crypto clients of Silvergate Bank included Coinbase, Paxos, Crypto.com, Gemini, Kraken, Bitstamp and Circle, accounting for about half of the bank's deposits.

Earlier news, Silvergate claimed that their exposure to FTX was limited to deposits. As of September 30, the company's exposure to FTX was less than 10% of the bank's total deposits. In addition, BlockFi's deposit size was approximately US$20 million. On January 5, it was reported that Silvergate had processed US$8.1 billion in withdrawals after the collapse of FTX.