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The problems that faced Silvergate were primarily a result of less-than-adequate risk management, notably one of relying too much on volatile short-term deposits while lending or investing at a longer duration, this is not like the collapse of FTX, where investors lost their deposits, but, rather, an orderly dissolution.
Found on CNN 1 year ago
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"Dave Weisberger Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 25 Dec. 2024. <https://www.quotes.net/authors/Dave+Weisberger+Quotes>.
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