• Senate Investigates Silvergate Bank's Relationship with FTX and Alameda Research

  • Dec 6 2022
  • Length: 1 min
  • Podcast

Senate Investigates Silvergate Bank's Relationship with FTX and Alameda Research

Listen for free

View show details

  • Summary

  • In response to allegations of wrongdoing in the collapse of crypto exchange FTX, three US Senators have sent a letter to Silvergate Bank requesting information about any relationship the bank may have had with FTX or with former FTX CEO Sam Bankman-Fried. The letter expresses concern that Silvergate may have facilitated the transfer of customer funds from FTX to Bankman-Fried's trading firm, Alameda Research, in violation of US securities laws. Silvergate has issued a statement saying that it was the victim of FTX's and Alameda Research's misuse of customer assets, and that it will cooperate fully with the investigation.
    Show More Show Less
Show More Show Less

What listeners say about Senate Investigates Silvergate Bank's Relationship with FTX and Alameda Research

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.co.uk reviews

Amazon reviews
No Reviews are Available