[Scythian]

"According to a quote by Sam Bankman-Fried that was posted on the website of the San Diego bank he used to transfer client funds to his digital asset exchange FTX, “life as a crypto firm can be divided up into before Silvergate and after Silvergate.”

Life as a crypto firm can be divided up into before Silvergate and after Silvergate. It’s hard to overstate how much it revolutionised banking for blockchain companies –SBF

It was highly improbable that Silvergate would end up being the bank responsible for the $40 billion cryptocurrency exchange that filed for bankruptcy last month."
https://insidebitcoins.com/news/silverga...st%20month.