Silvergate Bankrupt!! What it Means For Crypto!

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๐Ÿ“บEssential Videos๐Ÿ“บ

Operation Chokepoint 2.0 ๐Ÿ‘‰ https://youtu.be/tV1jp4FrKlU
Bank Bail Ins Explained ๐Ÿ‘‰ https://youtu.be/0Og5-OJ1x1s
Safest Crypto Exchanges ๐Ÿ‘‰ https://youtu.be/ZXli6q5aSEw
FTXโ€™s Secret Bank ๐Ÿ‘‰ https://youtu.be/l0VUdbS4a0I
FTX Collapse Speculation ๐Ÿ‘‰ https://youtu.be/WgJbWZpRWyo

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โ›“๏ธ ๐Ÿ”— Useful Links ๐Ÿ”— โ›“๏ธ

โ–บ Silvergate Shuts Down SEN: https://cointelegraph.com/news/silvergate-closes-exchange-network-releases-9-9m-to-blockfi
โ–บ Blackrock Invests In Silvergate: https://www.coindesk.com/markets/2023/01/31/crypto-bank-silvergate-shares-move-higher-after-blackrock-boosts-stake/
โ–บ BCB Group Building SEN Replacement: https://www.coindesk.com/business/2023/03/06/crypto-banking-firm-bcb-readies-us-dollar-payments-to-plug-silvergate-gap/
โ–บ Silvergate Building Crypto Exchange With Wall Street: https://www.coindesk.com/business/2022/09/13/charles-schwab-citadel-fidelity-and-others-start-crypto-exchange-edx-markets/

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– TIMESTAMPS –
0:00 Intro
0:52 What Is Silvergate?
5:31 Silvergate Collapse
10:23 What Comes Next?
14:54 Why Silvergate?

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๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Silvergate #Crypto #Bitcoin

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About the Author: James Whorton

19 Comments

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  3. Anybody else notice that Crypto Coin did not become a target by Governments until they offered loans which treatens the strangle hold banks have on industries.

  4. Iโ€™ve long noticed you use all the flashy insider jargon which imbues Crypto with validity, but in the end the industry is full of snakes wanting to sell cardboard coins in return for real world dollars

  5. Look at crypto "Lossless" they make the crypto scene save by returning crypto if a hack take place. Check it out, security is going to be huge.๐Ÿ’Ž๐Ÿ’Ž๐Ÿ’Ž

  6. They targeted Silvergate because that is where FTX US had people wire money to. Silvergate was then putting peopleโ€™s money directly into accounts held by Alameda. They were laundering money. Committing Fire fraud, and being very negligent.

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