SEC Charges Silvergate Capital, Former CEO for Misleading …
WEBJul 1, 2024 · The SEC’s complaint, filed in the U.S. District Court for the Southern District of New York, charges Silvergate, Lane, and Fraher with negligence-based fraud and charges Silvergate with violating certain reporting, internal accounting controls, and books-and-records provisions.
Crypto-Friendly Silvergate Bank Pays $63M to Settle Charges With SEC …
WEBJul 1, 2024 · The U.S. Securities and Exchange Commission (SEC) sued Silvergate Capital Corporation, the parent company to crypto-friendly Silvergate Bank, former CEO …
US SEC sues Silvergate for securities fraud - Yahoo Finance
WEBJul 1, 2024 · The U.S. Securities and Exchange Commission (SEC) has sued crypto-focused bank Silvergate Capital Corp in a federal court for securities fraud, a court filing showed on Monday.
SEC sues Silvergate and execs, for knowingly violating anti …
WEBJul 1, 2024 · The parent company of now- defunct crypto bank Silvergate has agreed to pay $63 million to settle a lawsuit from the Securities and Exchange Commission and accusations brought by the Federal Reserve Board and California regulators against the bank and former executives.
SEC Sues Silvergate Bank for Securities Fraud in Federal Court
WEBJul 1, 2024 · On Monday, the SEC said the lender would pay $50 million to settle claims of negligence-based fraud for misleading investors about its compliance.
Silvergate Bank didn’t adequately monitor $1 trillion in crypto ...
WEBJul 1, 2024 · Silvergate Bank and several members of its c-suite were sued for fraud in a Manhattan court. Silvergate, the CEO and the chief risk officer settled, the SEC says.
Silvergate, of crypto infamy, sued by SEC for securities fraud
WEBU.S. securities regulators late Monday charged Silvergate Capital Corp. and two of its executives with securities fraud, the latest chapter for the once crypto-friendly bank …
Regulators Fine Silvergate Bank For Misleading Investors in FTX …
WEBJul 1, 2024 · After a bank run caused customers to withdraw $8.1 billion in digital deposits, the SEC said Silvergate misled investors about its liquidity in the aftermath of FTX's collapse.
SEC Sues Silvergate Bank for Securities Fraud in Federal Court
WEBJul 1, 2024 · The SEC sued the bank in federal court in Manhattan, according to a docket entry on Monday, which cited “securities fraud” as the cause. Multiple former Silvergate executives were also listed as defendants on the entry, …
SEC Sues Silvergate Capital For Alleged Securities Fraud In Wake …
WEBThe SEC's complaint alleges that between November 2022 and January 2023, Silvergate, along with Lane and Fraher, deceived investors by claiming that Silvergate had a robust Bank Secrecy...
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