Analysis of Silvergate Capital’s FTX and BlockFi Public Letters
Quick Take
- December 5, 2022 Silvergate CEO Alan Lane releases public letter addressing FTX, Alameda and the recent market turmoil
- Closed December 5, 2022 trading at $24.24 / share, a (8.5%) change in 1-day trading
- Currently trades at $23.04 intra-day on December 6, 2022
- November 28, 2022 Silvergate files 8K detailing sub $20mm exposure to BlockFi following BlockFi’s Ch. 11 filing
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Author: Greg Lim
