La Jolla/California – With the crypto bank Silvergate, the next company in the crypto industry is on the brink of collapse. Silvergate announced in a broadcast on Wednesday that it would shut down its business and liquidate the bank “properly”. A voluntary dissolution of the bank is the best way forward. All balances should be paid out in full. In addition, attempts are being made to work out how outstanding claims can be met in the best possible way. The Silvergate Exchange Network, through which transfers between Silvergate customers took place, is to be discontinued and all account-related activities are to continue during the liquidation.
