Digital asset-focused investment bank Silvergate has been collectively sued for aiding fraud for hiding the assets of bankrupt cryptocurrency exchange FTX and investment firm Alameda Research.
crypto bank silvergate and CEO Alan Lane According to a December 14 lawsuit filed in the Southern District Court of California, FTX authorized the unauthorized transfer of customer assets to Alameda. he helped allegedly collectively sued.
Plaintiff Joewy Gonzalez In the lawsuit filed by the bank on behalf of investors who have suffered due to FTX bankruptcy, Silvergate’s FTX improperly transferring client assets to Alameda responsible is claimed. silvergate aiding and abetting fraud was accused.
The documents state that the plaintiff is evaluating its investments in FTX because of its promises to purchase digital assets, store them securely on the platform, and exchange them for other digital assets. Silvergate’s asset storage bank in the events that took place while underlining that of your responsibility located therefore to the plaintiff and other investors obligation to return assets. alleged to have.
US senators known for their anti-cryptocurrency in the recent past Elizabeth Warren, John Kennedy and Roger Marshall In order to learn about the relationship between the bankrupt cryptocurrency exchange FTX and Silvergate, he gave a call to the bank. sent a request for information letter.