Silvergate sold assets at loss and cut staff to cover $8.1B in withdrawals: Report Post author:MiamiCrypto Post published:January 5, 2023 Post category:Silvergate Bank Silvergate has reportedly laid off 200 members of its staff, which is around 40% of its total number of employees. You Might Also Like MicroStrategy Borrows Against Bitcoin to Buy More Bitcoin March 29, 2022 Silvergate faces class-action lawsuit over FTX and Alameda dealings December 16, 2022 Fed, central banks enhance ‘swap lines’ to combat banking crisis March 20, 2023