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Decrypt

2023-01-17 14:43:51

Crypto Bank Silvergate Reports $1B Net Loss in Q4 Amid Industry’s ‘Crisis of Confidence’

Crypto Bank Silvergate Reports $1B Net Loss in Q4 Amid Industry’s ‘Crisis of Confidence’

“Our mission has not changed,” said Silvergate CEO Alan Lane as the crypto bank announced hefty losses for Q4 2022.

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