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Silvergate Faces Another Securities Law Class-Action Suit
Silvergate Capital, owner of Silvergate Exchange Network and Silvergate Bank, was sued in a class action. The complaint says Silvergate's platform missed $425 million in money laundering. The action argues the class might comprise hundreds or thousands of New York Stock Exchange-traded Silvergate shares.
zen investing
Crypto Bank Silvergate Capital Receives Bullish Rating from Wells Fargo
Despite the plunge in the crypto market, Wells Fargo is confident in Silvergate’s digital assets business. The Wall Street said that strengths in Silvergate should help its shares rise and business grow.