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The tech financial institution collapse of 2023

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Silvergate: “We’re advantageous!”

Silvergate Capital, a well-known crypto financial institution, has filed a letter with the SEC from its CEO, Alan Lane. Apparently, he’s utilizing it to appropriate what he phrases “hypothesis — and misinformation — being unfold by quick sellers and different opportunists.”

Okay! Sadly for Lane, this query raises extra questions than it solutions, akin to what his “intensive due diligence” on FTX and Alameda consisted of!

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