BREAKING: SEC Sues Silvergate Bank for Securities Fraud

According to breaking information from Bloomberg, the SEC filed a securities fraud lawsuit against cryptocurrency-focused Silvergate Bank. The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Silvergate Capital, a California-based lender, alleging securities fraud. The case comes in connection with the collapse of cryptocurrency exchange FTX, which had significant ties to Silvergate. Continue Reading: BREAKING: SEC Sues Silvergate Bank for Securities Fraud