The US SEC charges the parent company of Silvergate Bank and executives with misleading investors about its AML compliance strength; Silvergate settles for $50M
similar to SBF and his publicity tour post-collapse — went out and made very specific claims about the health of their bank, publicly, and often. The SEC wants repercussions for that. LinkedIn: Mary L...
Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by co-founder CZ between 2019 and 2021
If you are wilfully violating securities law, I have some advice: do not put … Allyson Versprille / Bloomberg : Elizabeth Warren Says Binance Appears to Have Lied to Lawmakers Wall Street Journal : Bi...
Filing: crypto-friendly US bank Silvergate delays its annual report, citing investigations from regulators, Congress, and the DOJ; SI plunges over 40%
Shares fell over 10% in after-hours trading. — Christy Goldsmith Romero … Commissioner — U.S. Commodity Futures Trading Commission
Documents: Binance used secret access to Binance.US' Silvergate bank account to move $400M+ in Q1 2021 to Binance CEO Changpeng Zhao's trading firm Merit Peak
Sources: US prosecutors in the DOJ's fraud unit are investigating California-based bank Silvergate over hosting accounts tied to FTX and Alameda Research
Tom Schoenberg / Bloomberg :
Documents: besides FTX, US bank Silvergate has been used by 12+ crypto companies that were fined, closed, bankrupt, or under investigation, including Binance
The good news about the collapse of Sam Bankman-Fried's cryptocurrency empire is that its failure did not send shock waves through … Tweets: @smdiehl , @theraheelhasan , @mikulaja , @intelligencer , @...
Filing: US bank Silvergate confirms processing wire transfers for traders on Alameda, claiming to have conducted “extensive due diligence” on FTX and Alameda
Federal Reserve-regulated company says it performed ‘significant due diligence’ on FTX and Alameda Research