/biz/ - Business & Finance

Anonymous Fri Dec 16 16:30:24 2022 No.52897851 [View]
File: 175 KB, 892x916, sen.png [View same] [iqdb] [saucenao] [google]

Am I schizophrenic for noticing that Silvergate Bank is getting hit now by the FTX fallout? They were the bank that was responsible for money transfers from the FTX customer deposit accounts to Alameda.
>Silvergate is overseen by the Federal Reserve Bank of San Francisco
>As a federally regulated bank, Silvergate can widen its liquidity by taking loans from the Federal Home Loan Bank and the Federal Reserve Bank
>Silvergate Bank provides a faster way to deposit or withdraw USD. Domestic (US bank to US bank) transfers are processed via Fedwire

>>	Anonymous Fri Dec 16 03:05:32 2022 No.52890789 [View] File: 175 KB, 892x916, sen.png [View same] [iqdb] [saucenao] [google] >>52890744 This isn't even a blackswan at this point, it's a white swan.

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/biz/ - Business & Finance

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