Share this article

How Silvergate’s Crypto Collapse Differed From Silicon Valley Bank’s: No Bailout

A deep dive into regulatory filings shows how Silvergate Bank's collapse was, in a strange way, the ideal scenario for a failing institution. Sure, shareholders got wiped out, but depositors are made whole and the Federal Deposit Insurance Corp. isn't putting in a dime.

Silvergate Bank's woes are slamming the broader crypto market. (Will Foxley/CoinDesk)
Silvergate Bank's woes are slamming the broader crypto market. (Will Foxley/CoinDesk)