Crypto Bank Silvergate Says Its BlockFi Digital Asset Deposit Exposure Totals Less Than $20M

Crypto Bank Silvergate Says Its BlockFi Digital Asset Deposit Exposure Totals Less Than $20M

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“BlockFi is not a custodian for Silvergate’s bitcoin-collateralized SEN Leverage loans, which to date have continued to perform as expected with zero losses and no forced liquidations. Silvergate has no investments in BlockFi,” Silvergate said in the statement.

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