Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report
Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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