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 ‘Nobody left to bank crypto companies’ — Crypto Twitter reacts March 13, 2023 Collapse of Silvergate and Silicon Valley Bank represent a challenge for crypto March 16, 2023 Silvergate faces class-action lawsuit over FTX and Alameda dealings December 16, 2022