Silvergate Bank Reaches $63 Million Settlement with SEC Over Alleged Breaches

The cryptocurrency-friendly bank Silvergate has come under scrutiny by the SEC for alleged breaches. Silvergate has consented to a hefty settlement of $63 million to resolve the accusations. Two former employees involved in the case have agreed to the settlement and face a five-year ban. Silvergate Bank faces a significant lawsuit from the SEC, culminating

Source: CoinOtag