The Law Offices of Frank R. Cruz Announces Investigation of Silvergate Capital Corporation (SI) on Behalf of Investors
Silvergate Capital Corporation Class A (SI)
Last silvergate capital corporation class a earnings: 4/29 06:25 am
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Silvergate Capital Corporation (“Silvergate” or the “Company”) (NYSE: SI) on behalf of investors concerning the Company’s possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On November 17, 2022, The Bear Cave newsletter released an article about several companies with potential exposures to recently collapsed cryptocurrency exchange FTX, including Silvergate. The article highlighted a connection linking Silvergate to a money laundering operation that transferred $425 million off cryptocurrency trading platforms.On this news, Silvergate’s stock price fell $3.00 per share, or 10%, on November 18, 2022 to close at $24.90 per share.On November 20, 2022, The Wall Street Journal published an article entitled “Crypto Bank Silvergate Battles FTX Contagion Fears: The collapse of Sam Bankman-Fried’s empire has sparked investor fears
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