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The Business Insider: The Money Game Silvergate slashes 40% of staff in the wake of a run on the crypto bank that forced it to sell assets at a loss to cover $8.1 billion in withdrawals
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The bank had to cover $8.1 billion worth of withdrawals in late 2022, underscoring the impact of FTX's collapse on the cryptocurrency industry.
Full "The Business Insider: The Money Game" article
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