A Small Bank Bet Big on Crypto. Can It Survive the Crash?
Jan 09, 2023•18 min•Transcript available on Metacast Episode description
Silvergate went from a small real-estate bank to the bank of choice for the crypto world’s big players. Then it experienced a historic bank run. WSJ’s David Benoit explains why customers pulled their money from crypto’s top bank.
Further Reading:
- Silvergate Raced to Cover $8.1 Billion in Withdrawals During Crypto Meltdown
Further Listening:
- The Charges Against FTX's Sam Bankman-Fried
- ‘Do You Expect to Go to Prison?’: An Interview With SBF
- How Crypto Giant FTX Suddenly Imploded
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