In the end, Silvergate Bank didn’t survive. But its executives were able to avoid taking government assistance. Silvergate Capital’s share price is down 83% since March 1, the day the bank said it was unable to file its annual report. But with shareholders taking the hit – not depositors or the government – it was, in a way, the ideal scenario for a bank collapse, as strange as that sounds.
Trending
The Best Tool for Designing Effective DeFi Policies Is Web3 Itself
The Best Tool for Designing Effective DeFi Policies Is Web3 Itself
Source link