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The failure of Silvergate Bank was because of poor management, liquidity problems, and exposure to the volatile crypto industry.
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Many executives also blamed the highly growing interest rates for their failure.
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It was obvious at first glance at Silvergate Bank’s filings that the fourth quarter was a disaster.
The failure of Silvergate Bank was based on poor management, liquidity problems, and exposure to the volatile crypto industry. Silicon Valley Bank also recently collapsed due to the withdrawal of large amounts from customers. This is similar to the collapse of Silvergate Bank collapse.
Silvergate Bank Failure as Execs
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We współpracy z: https://www.thecoinrepublic.com/2023/05/17/silvergate-bank-fails-and-fdic-blames-crypto-exposures/
