Silvergate settles with SEC, DFPI, and Federal Reserve over FTX money laundering (Patreon)

Silvergate Bank was scorched earth as of March 2023. But they were up to their necks in FTX — and with a sufficiently awful public disaster, there’s always room for more scorching. This one’s over at Amy’s.

"Life as a crypto firm can be divided up into before Silvergate and after Silvergate — it’s hard to overstate how much it revolutionized banking for blockchain companies. " — Sam Bankman-Fried