Silvergate Wasn't Cut Off From Loans, Lender Says

Silvergate Wasn't Cut Off From Loans, Lender Says


CoinDesk
2023-03-15 16:57:37

The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate late last year, did not force Silvergate to repay the advances which have been rumored to be the reason why the crypto-friendly bank had to go into voluntary liquidation, it said.