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THE LARGEST US CRYPTO BANK ANNOUNCED LIQUIDATION

One of the largest banks in the United States working with cryptocurrency, Silvergate Bank plans to liquidate. This was announced by the parent company Silvergate Capital Corporation. ... ... attracted deposits in excess of $14 billion, becoming the largest US organization working with digital assets. However, the bankruptcy of FTX Group, which occurred in November 2022, dealt a blow to the bank's reputation. The share of customers storing ...

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