For a while silvergate Famous investor Marc Cohodes, who sold his shares short, shared a vacant office on his Twitter account, claiming that the bank could remain active for a maximum of one more week.
No one home.. Just now at HQ $SI pic.twitter.com/kQ6TJ5798A
— Marc Cohodes (@AlderLaneEggs) March 3, 2023
“The Silvergate office looks like a public crime scene. I would be very surprised if the bank can somehow resume its operations after a week.”
This comment of the short selling investor is not negligible. In the image, it is clearly seen that everything has been collected from the Silvergate office.
Apart from this, the bankruptcy predictions made by the famous investor in the recent past are also accurate.
Phenomenal Investor Had Known About FTX Bankruptcy!
Stating that he learned a lot from the key figures of Wall Street, Marc Cohodes predicted the bankruptcy of the cryptocurrency exchange FTX. Cohodes noticed the cash flow to offshore companies and “fire smuggling” stated activity.
If the famous investor Silvergate warnings FTX It started after its bankruptcy. Cohodes predicted a link, given FTX founder Sam Bankman-Fried’s lavish praise of Silvergate shortly before bankruptcy.
About Bankman-Fried’s Silvergate “Without them, our business would not have worked at all.” There are expressions of praise such as:
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