Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

Bitcoinist

2022-11-19 04:59:21

Is Silvergate In Trouble? Why Didn’t KYC And AML Prevent The FTX Fiasco?

Is Silvergate In Trouble? Why Didn’t KYC And AML Prevent The FTX Fiasco?

Did Silvergate let FTX and Alameda share funds and bank accounts? Isn’t that illegal? Also, if one of the objectives of KYC and AML procedures is to stop money laundering, why didn’t Sam Bankman-Fried and company’s actions trigger alarms? They were allegedly doing egregious activities out in the open. Of course, the answer is that

esptco-banner img

Latest News

Nearly 1.92 million BTC now vulnerable to quantum attack ris...

2026-05-20 18:59:04
Eu reviews MiCA rules as crypto markets shift rapidly

2026-05-20 18:47:04
Bitcoin draws $192.1 million inflows as ETH loses $81.6 mill...

2026-05-20 18:29:04
Ethereum risks $1.7 billion in liquidations below $2,000

2026-05-20 18:21:04
Irish police recover 500 BTC worth $38.7 million

2026-05-20 18:03:04
South Korean firm faces $33 million loss in ETH ETFs

2026-05-20 17:42:04

Videos

10 Ways to Make Money Via Crypto | Step by Step Guide to Make Money Online!
Top 5 Graphic Cards for Mining in 2022 : Discover the Best GPUs for Cryptocurrency!
Ripple XRP: What is Ripple XRP? EXPLAINED!
What is a Shiba Inu Coin & How Does it Work? Simply Explained!

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire