Silvergate Bank Collapsed !!!
Yesterday being Tuesday, a major shift occurred at Silvergate, the California-based bank renowned for its crypto-friendly approach, as CEO Alan Lane and Chief Legal Officer John Bonino left the firm.
These departures are effective immediately and mark another significant milestone in the company’s ongoing wind-down process. Notably, Silvergate had filed for voluntary liquidation in March, according to a notice shared with the Securities and Exchange Commission.
The future of money is crypto !!!