US Senators Demand Answers from Silvergate Capital Corp Over FTX's Misuse of Customer Funds

By CryptoNews - 1 year ago - Reading Time: 1 minutes

US Senators Demand Answers from Silvergate Capital Corp Over FTX's Misuse of Customer Funds

US senators have turned their focus to Silvergate Capital Corp. yet again, saying that the company's responses to a previous inquiry over its ties to the fallen FTX exchange were “evasive and incomplete.”
According to Bloomberg, senators from both sides of the aisle are demanding to know whether the parent company of crypto-focused Silvergate Bank knew about FTX’s misuse of customer funds. ...
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Original source: CryptoNews