Propala banka Silvergate i FDIC raspravljaju o planovima oporavka

Propala kripto banka Silvergate istražuje načine za oporavak s američkim regulatorima, prema izvještaju Bloomberga o Ožujak 7.

Officials have visited Silvergate HQ

Bloomberg je izvijestio da su službenici Federalne korporacije za osiguranje depozita (FDIC) prošle sedmice posjetili sjedište Silvergatea u Kaliforniji uz odobrenje Federalnih rezervi.

Silvergate još nije odlučio kako će riješiti svoje finansijske probleme, koji su počeli prošle sedmice. Međutim, kripto-prijateljska banka mogla bi tražiti ulaganja iz drugih zemalja u industriji kriptovaluta kako bi povratila likvidnost, navodi se u izvještaju.

Bloomberg also said that, in spite of the FDIC’s involvement, the bank may be able to make a recovery without further engagement with regulators.

Neither Silvergate nor the FDIC have publicly commented on the matter. Bloomberg instead cited a number of sources who are familiar with the company.

Why Silvergate is at risk of failure

On March 1, Silvergate submitted a filing to the SEC to report a delayed 10-K filing.

That filing additionally revealed that Silvergate faces inquiries from regulators including the Department of Justice (DOJ). Those inquiries are likely related to Silvergate’s role in the collapse of FTX and Alameda Research last year, as reported in Februar.

Silvergate also said in its filing that it is evaluating of its capacity to “continue as a going concern,” leading many to become concerned about its stability.

The value of Silvergate shares (SI) rapidly declined in the days following its SEC filing. As of March 7, the stock is worth $5.21, down more than 61% from $13.53 on March 1.

Several crypto companies have withdrawn from Silvergate’s services while others have reported minimal exposure to the firm. On the weekend, Silvergate announced that it would shut down its Silvergate Exchange Network (SEN) while keeping other services open.

The White House said on March 6 that it is svjestan Silvergate’s situation. It noted that the bank is one of many struggling crypto firms but declined to make a specific comment.

Source: https://cryptoslate.com/failing-bank-silvergate-and-fdic-are-discussing-recovery-plans/