Voluntary Liquidation

  • Silvergate Bank’s Voluntary Liquidation Raises Questions about its Cryptocurrency Ventures

    According to reports, the San Francisco Federal Housing Loan Bank (FHLBank) provided $4.3 billion to Silvergate at the end of last year, and did not force Silvergate to repay the advance payment. This is rumored to be the reason why the cryptocurrency friendly bank entered voluntary liquidation. A spokesman for the bank said, “FHLBank San Francisco has not requested or forced Silvergate Bank to prepay its outstanding prepayment. Silvergate has decided to prepay the outstanding prepayment based on its own assessment of its own situation.” FHLBank: Silvergate did not stop lending Analysis based on this information:Recent news about Silvergate Bank’s voluntary liquidation surprised many cryptocurrency experts, as the bank was known for its services catering to cryptocurrency clients. According to reports, the San Francisco Federal Housing Loan Bank (FHLBank) provided $4.3 billion to Silvergate Bank at the end of last year, without forcing it to repay the advance payment. This led to many speculations that the reason behind Silvergate’s voluntary…

    03/16/2023
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  • Silvergate Bank Announces Voluntary Liquidation and Triggers 42% Drop in Stocks

    It is reported that Silvergate (SI. N) rose to 30% before the session and closed down more than 42% on Thursday after announcing plans to end banking business a

    03/10/2023
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  • The Fall of Silvergate Bank and the US Stock Market

    It is reported that the US stock market of Silvergate rose by more than 19% before the market, and the stock fell by more than 42% overnight after announcing pl

    03/10/2023
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  • Silvergate Bank to End Business and Voluntarily Liquidate

    It is reported that Silvergate (SI. N) announced its plan to end the bank\’s business and voluntarily liquidate in an orderly manner and in accordance with appli

    03/09/2023
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  • Silvergate Bank Begins Voluntary Liquidation Process in California

    It is reported that the California State Financial Protection Agency announced today that Silvergate Bank, a state chartered bank regulated by DFPI, has volunta

    03/09/2023
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