Alameda Silvergate News Today

The US bank was forced to sell $5.2bn worth of assets for cash and booked a loss of $718m on those sales

Federal agencies' complaints against FTX's leaders have led to scrutiny of the banks it worked with. While it's unlikely the bankers will be held accountable for the cryptocurrency exchange's wrongdoing, the case could make it more difficult any bank that wants to work with crypto-related businesses.