Silvergate Capital To Wind Down Ops, Liquidate Bank https://www.zerohedge.com/crypto/silvergate-capital-wind-down-ops-liquidate-bank

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Considering that as far as I know they were still totally solvent, this seems like a message from the SEC to other banks considering providing services to crypto clients.

I would also assume it’s illegal to force a solvent firm into closing but I doubt anyone gives a crap about that.