Why was Silvergate asked by US legislators for clarification regarding connections to FTX?

According to reports, Silvergate Bank has received a letter from three members of the US Senate asking for details on any connections between FTX and companies run by former CEO Sam Bankman-Fried.

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Why was Silvergate asked by US legislators for clarification regarding connections to FTX?

What is Bitcoin Mining? Step By Step Process!

Litecoin: What is Litecoin? EXPLAINED!

CEX vs DEX: Which Type of Crypto Exchange Is Better?

What are NFTs? How will it change the way we use things? Simply Explained!

Our Partners

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