Shares of Silvergate Capital (SI) fell sharply after the market close on Thursday following the publication of a Bloomberg article that the U.S. Department of Justice’s fraud unit was looking into the crypto bank’s dealings with the now-bankrupt FTX and Alameda Research.
Related posts
-
SEC and DOJ Strike Crypto Firm With Millions in Penalties Over Corruption
A crypto mining firm faces a $14 million penalty... -
Rumble Stock Rises as CEO Teases Bitcoin Adoption
The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet... -
Truth Social Eyes Purchase of Crypto Exchange Bakkt: Report
As such, Bakkt’s crypto custody business, which holds digital assets like bitcoin and ether, has struggled...