There Is A Huge Loss Story About This Coin Bank

Silvergate Capital Corp Had A Loss Of 1 Billion In The Fourth Quarter

This Loss Led To A Crisis Of Confidence In The Sector

Californiabased Silvergate Had Suffered A Loss Of Over A Billion Dollars

On Tuesday The Shares Fell 29 To 1294 In Afterhours Trading

The Stock Has Lost Most Of Its Value Over The Last Year

Around 200 Employees Were Laid Off By Silvergate After The Ftx Collapse

Mass Withdrawals Of More Than Eight Billion Dollars Were Caused By The Failure Of Silvergate