Silvergate has had a rough week, after disclosing on Wednesday that it would delay the filing of its annual report due to questions from its auditors. In the same notice, the bank admitted it was facing investigations from bank regulators and the U.S. Department of Justice, and said its ability to be a “going concern” over the next year may be in doubt.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://www.coindesk.com/policy/2023/03/03/silvergate-suspends-sen-exchange-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- a
- ability
- admitted
- After
- and
- annual
- auditors
- Bank
- Closes
- Coindesk
- Concern
- crypto
- Crypto Exchanges
- delay
- Department
- department of justice
- Disclosing
- doubt
- Exchanges
- facing
- Filing
- from
- going
- HTTPS
- images
- in
- institutions
- Investigations
- IT
- Justice
- money
- move
- next
- platform
- plato
- Plato Data Intelligence
- PlatoData
- Questions
- Regulators
- report
- Said
- same
- Silvergate
- The
- to
- u.s.
- U.S. Department of Justice
- Wednesday
- week
- would
- year
- zephyrnet