Silvergate Capital, popular institution for crypto companies, to liquidate, close up shop
Crypto-focused bank Silvergate is shutting operations and liquidating after market meltdown
https://www.cnbc.com/2023/03/08/silvergate-shutting-down-operations-and-liquidating-bank.html
The events of the last several months have shown us how pervasive and intertwined third-party risk can be.
Be mindful of the tradeoffs you're making when investing and securing your wealth, and always have a contingency plan.