Page 39 - Silver Gate News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Chapter 11 bankruptcy proceeding. >> a pension plan? ouch. what does this mean in terms of the broader cryptocurrency industry? >> folks that you speak to that are invested in or focused on the cryptocurrency sector right now, largely believe that there are more shoes to drop. the pain from this implosion at ftx is not over and will continue to be felt at different comp companies and ways over the coming weeks. you have a federally regulated bank, silver gate, last week that they saw a bank run in light of everything that's happened with ftx. there's a sense that the worst is not necessarily o...

No idea that he was committing fraud. that's what he said. the u.s. attorney's office has been calling people as they're trying to make the case. i mean, they're giving the impression that they are looking to make a case against him and maybe ellison before the end of the year. obviously unless there's a case, there's no case. it's hard to say that he's guilty of fraud until he's convicted. he hasn't been charged yet. that's where we are right now. they seem determined to make a case. why is that? even if you take him at his word that made a huge mistake here, didn't know that i misplace eight...

This is a fdic institution. the president of silverdale said he did notice wrong. he's not been charged. the investigations are starting to swirl about the connections between this bank, ftx, the trading exchange and alameda research, the vehicle that they lost all the money on. it was a hedge fund that took money from ftx out of customer wallets and gambled it in crypto. who knows what else is out there. they still have to untangle this. >> trace: silver gate is a california bank and billions of dollars in wire transfers. the bank said weather rowly checked this out. you want to ask, if you w...

A group petitioned Gov. Greg Gianforte seeking support to plow a section of the Beartooth Highway that in winter serves as a snowmobile trail. The governor said he wants more

GARDINER — This wasn’t the 150th anniversary Yellowstone National Park had planned, but it will certainly go down in history. The unprecedented June flooding that temporarily shut down the whole park,...