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The Wall Street Journal: Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff

January 5, 202347 views0

The collapse of crypto exchange FTX sparked a run on Silvergate Capital, and the bank raced to sell assets to cover about $8.1 billion in withdrawals.

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The Wall Street Journal: Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff

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The Wall Street Journal: Silvergate lost more than $700 million selling assets to cover withdrawals during crypto selloff

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