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Coinbase ends partnership with troubled Silvergate Bank News – | Crossroads News

Coinbase ends partnership with troubled Silvergate Bank
News – CoinCodeCap (RSS)

Key Takeaways

Silveragte is facing a probe by the US DOJ over its involvement with the bankrupt FTX exchange and Alameda Research.

Coinbase stated that it had minimal exposure to Silvergate.

Leading cryptocurrency exchange Coinbase has announced that it is ending its partnership with Silvergate Bank. The latest development comes amid Silveragte facing a probe by the United States Department of Justice over its engagement with the bankrupt FTX exchange and Alameda Research.

Reasoning the decision to cut financial tied... ...