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Biden admin deliberately killed off Silvergate to ‘decapitate’ crypto — Nic Carter

The now-bankrupt Silvergate Bank was forced to cap its crypto deposits at 15% under threat of being shut down by US regulators, claims Castle Island Ventures partner Nic Carter.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Biden admin deliberately killed off Silvergate to ‘decapitate’ crypto — Nic Carter

The now-bankrupt Silvergate Bank was forced to cap its crypto deposits at 15% under threat of being shut down by US regulators, claims Castle Island Ventures partner Nic Carter.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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