Citadel Securities disclosed that it owns 5.5% of Silvergate bank, which has been negatively impacted by the crypto downturn. The shares were bought for options market making, not as an investment in ...
Tag: silvergate
Citadel Securities Bets On Silvergate, Shares Rise 17%
The market-making firm Citadel Securities, owned by Ken Griffin, has recently made a big bet on the crypto-friendly Silvergate Bank, worth $25 million, according to a filing released by the Securities...
Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake – Bitcoin News
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tu...
Crypto markets rebound as Silvergate soars 16% on Citadel Securities, Susquehanna stakes
Cryptocurrency prices rebounded after yesterday’s decline, when the New York Department of Financial Services announced it will pursue regulatory action against stablecoin provider Paxos. ...
Silvergate shares soar after Citadel Securities discloses 5.5% stake
Shares of Silvergate Capital (NYSE:SI) soared on Tuesday after news Citadel Securities had disclosed a 5.5% stake in the California-based crypto-friendly bank. At the time of writing, the company&rsqu...
Citadel Securities discloses hefty stake in struggling Silvergate
Billionaire Ken Griffin’s behemoth Citadel Securities has declared a 5.5% stake in Silvergate Capital worth around $25 million, according to a new filing with the Securities and Exchange Commission (S...
Susquehanna Advisors Group buys 7.5% stake in Silvergate, following Citadel Securities
Susquehanna Advisors Group reported a 7.5% stake in crypto-friendly bank Silvergate Capital. The Pennsylvania-based finance firm bought over 2.36 million shares in Silvegrate, a filing showed. S...
Citadel Securities takes 5.5% stake in crypto-friendly bank Silvergate Capital; shares rise
Shares in Silvergate Capital jumped after market maker Citadel Securities reported a 5.5% stake in the crypto-friendly bank. Ken Griffen’s firm now owns over 1.7 million shares in the La J...
Silvergate, Coinbase extend losses as regulatory specter hangs over crypto
It’s been a mixed bag today for crypto-related equities as U.S. regulators continued a clampdown that has hit both staking and stablecoins. Silvergate fell 3.7% to $14.46 by 2 p.m. EST, ac...
Silvergate Capital Corp. is the second-most-shorted stock
According to the most recent Short Interest Reporting dated February 9, the cryptocurrency bank Silvergate Capital Corp. is the second-most shorted company in the United States, with nearly 72.5% of i...
Crypto bank Silvergate ranks as the second most-shorted stock on Wall Street
Crypto bank Silvergate Capital Corp. stands in the second position as most-shorted stock in the United States, with over 72.5% of its shares shorted, according to the latest Short Interest Reporting f...
Board Member of Crypto-Friendly Silvergate Bank Leaves for Polygon
A member of Silvergate’s board of directors resigned Thursday, the crypto-friendly bank disclosed in a recent filing with the Securities and Exchange Commission (SEC). Rebecca Rettig, who initially jo...
Coinbase drops 8% as CEO Armstrong calls out SEC; Silvergate sinks 5%
Crypto-related stocks sold off at the open, with Coinbase and Silvergate leading the drop. Coinbase shares fell over 8% to $63 by 11:15 a.m. EST, according to Nasdaq data. Last night Coinbase CE...
Bitcoin, ether slip with crypto stocks all lower; Silvergate drops 8%
Cryptocurrency prices slid at the beginning of the week, with equities also opening down. Bitcoin was trading at $22,776 at 10:20 a.m. EST, down 1.5% over the past day, according to TradingView...
Silvergate has been responsible amid crypto collapse, says Microstrategy CEO
Join Our Telegram channel to stay up to date on breaking news coverage Michael Saylor, the founder of Microstrategy and a major Bitcoin enthusiast, recently commented on the state of the crypto indust...
Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings
On Friday morning, Silvergate shares were only down a little over 2%, though. On CNBC on Friday, MicroStrategy executive chairman Michael Saylor said his company would continue to do business with Sil...
Silvergate Capital Repositions To Ride The Crypto Storm ⋆ ZyCrypto
Advertisement     A below par financial performance, bankruptcy filings and company closures, exposure to FTX’s collapse, job cuts, and slow down in certain investment...
Silvergate Bank Under Probe by US DOJ Over Dealings with FTX
While the current subject of the probe into Silvergate Bank appears speculative at this time, there is a deep tie between the financial institution and FTX. The shares of American financial services g...
Silvergate Is in the Crosshairs of DoJs Fraud Squad: Shares Down
DoJ’s Fraud Squad is questioning Silvergate for hosting accounts linked with SBF, FTX, and Alameda. The bank is not accused of anything but is only being questioned for involvement and if they knew s...
Silvergate faces DOJ investigation over FTX and Alameda dealings: Report
Crypto bank Silvergate is reportedly being probed by the United States Department of Justice fraud unit over its involvement with the bankrupt FTX exchange and its affiliates. The probe is investigati...
Silvergate Bank Probed by DOJ for Ties to FTX Exchange
It has been claimed that the fraud section of the United States Department of Justice is conducting an investigation against the crypto bank Silvergate for its participation with the defunct FTX excha...
Crypto Bank Silvergate Faces DoJ over FTX & Alameda Dealings
The FTX-saga created a tsunami that affected the whole industry, and aftereffects were also visible in other sectors. All the accomplices of the case are being questioned and charged accordingly. Cryp...
Michael Saylor says Silvergate has been ‘responsible’ amid crypto collapse
Microstrategy founder and bitcoin enthusiast Michael Saylor said Silvergate was “responsible” amid the collapse of other crypto institutions including the FTX exchange and said he’d ...
Silvergate Bank Caught Up in Money Laundering Probe by DOJ
Silvergate Bank, the crypto lender that recently received a $200 million investment from Peter Thiel’s Founders Fund, is under investigation by the United States Department of Justice (DOJ) for its de...
DOJ probes Silvergate over FTX, Alameda ties
The U.S. Department of Justice is probing Silvergate Capital over its dealings with FTX and Alameda Research, according to a Feb. 2 report from Bloomberg. Silvergate Bank has reportedly not been accus...
U.S DOJ Probes Silvergate For Fraud Over FTX Dealings, Stock Drops 22%
– Advertisement – The fraud unit of the Department of Justice has launched a probe into Silvergate Bank. The prosecutors are looking into the bank’s dealings with FTX and Alameda Research...
Crypto market continues to rise, while Silvergate shares seesaw after probe report
Bitcoin settled around $23,570 at 5:20 p.m. EST after climbing as high as $24,100 earlier in the day, according to TradingView data. It’s up about 0.4% over the past day following the Federal Re...
Silvergate Knew More About FTX Woes Than It Is Saying, US Senators Say
Join Our Telegram channel to stay up to date on breaking news coverage A group of US senators is seeking new details from Silvergate Capital Corp about its knowledge of FTX’s alleged misuse of custome...
Silvergate faces renewed calls for clarity over dealings with FTX and Alameda
U.S. lawmakers are seeking details from Silvergate Bank regarding its ties to FTX and Alameda. Silvergate received a similar letter last year but couldn’t provide a satisfactory response. A group of B...
BlackRock raised Stakes in Crypto Bank, Causing Silvergate Capital shares to Jump
The crypto-focused bank seems to be having a sigh of relief after spending time after it came to light that the bank had some accounts of FTX and Alameda used to move users’ funds. It’s st...
US Senators question Silvergate after FTX comments
According to recent reports, several US senators have written a letter to Silvergate Capital, the parent organization of Silvergate Bank, demanding information the institution is ‘withholding’ about t...