A group led by US Senator Elizabeth Warren, who is known for being anti-crypto, is demanding that the digital asset-focused investment bank Silvergate disclose details about its operations with FTX.
US Senators Elizabeth Warren, John Kennedy and Roger Marshall, bankrupt FTX crypto bank with silvergate He sent a letter to the bank to investigate the relationship between In the letter sent by the senators, the bankrupt exchange FTX and its sister company Alameda research Silvergate was requested for clarification on its alleged role in facilitating transfers between In addition to this request, information was requested about Silvergate’s current financial situation:
Your bank’s involvement in the transfer of FTX client funds to Alameda demonstrates that your bank’s responsibility to monitor and report suspicious financial activities by its clients has failed horribly. We are concerned about Silvergate’s role in these activities due to reports suggesting that Silvergate facilitated the transfer of FTX client funds to Alameda.
Senator group,Reports suggesting that Silvergate facilitated the transfer of FTX client funds to Alameda” while referring to the former Chief Risk Officer Tyler Pearson‘of Why did you leave the bank? They also want to know. In the letter, for Silvergate to respond December 19Time was given to .
CEO of Silvergate Alan Lane, In a recent briefing letter to customers, the bankruptcies of FTX and Alameda, which has close business relations with it, not affecting He tried to reassure him.