Silvergate Stock Down 40% Following Diem Write-Off, Job Cuts

The collapse of FTX caused a spike in withdrawals from the crypto bank, while deposits dropped to just $3.8 billion in the last quarter.

Silvergate Stock Down 40% Following Diem Write-Off, Job Cuts
The collapse of FTX caused a spike in withdrawals from the crypto bank, while deposits dropped to just $3.8 billion in the last quarter.