Fed inspector blames crypto focus, nepotism for Silvergate Bank collapse Post author:MiamiCrypto Post published:October 3, 2023 Post category:Silvergate Bank / silvergate crypto / silvergate federal reserve / silvergate investigation / silvergate report An investigation into Silvergate Bank found that its collapse was brought about by a dependency on crypto deposits and “ineffective” senior management. You Might Also Like Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report January 5, 2023 Tether adds Bahamas-based private bank Britannia as partner: Report August 29, 2023 Nasdaq-Listed Microstrategy Obtains $205 Million Bitcoin-Backed Loan to Buy More BTC March 30, 2022