Silvergate Stock Plunges as Bank Says It May Face DOJ, Congressional and Bank Regulator Inquiries

Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.on Wednesday, sending its stock price plunging over 10% in after-hours trading.

"The Company is currently analyzing certain regulatory and other inquiries and investigations that are pending with respect to the Company," the filing said. Silvergate's accounting firm is also requesting further information, as are its independent auditors.two weeks ago reported

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