https://www.theguardian.com/technology/2023/mar/09/crypto-bank-silvergate-liquidation-sector-turmoil-wind-down-ftx-exchange

Wind-down and liquidation plan follows mass withdrawal of deposits after collapse of FTX exchange

The cryptocurrency-focused US lender Silvergate is to wind down its operations after it was hit by customer withdrawals following the collapse of crypto exchange FTX.