Silvergate Stocks Tumble by 30%, Another Bankruptcy Incoming?

The post Silvergate Stocks Tumble by 30%, Another Bankruptcy Incoming? appeared first on Coinpedia Fintech News After hours, the stock price of Silvergate Bank fell by more than 30% as […]

The post Silvergate Stocks Tumble by 30%, Another Bankruptcy Incoming? appeared first on Coinpedia Fintech News
After hours, the stock price of Silvergate Bank fell by more than 30% as a result of the bank’s announcement of a delay in releasing its annual 10-K report. This new revelation adds to the long list of incidents that have shaken the cryptocurrency market in 2022 and beyond. The Securities and Exchange Commission (SEC) …