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Crypto-Friendly Silvergate Was Not Cut Off From Loans, FHLB Says

By: ZippyB

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The Federal Home Loan Bank of San Francisco, the bank that supplied $4.3 billion to Silvergate Bank late last year, didn’t force Silvergate to repay advances, which had been rumored to be the reason why crypto-focused Silvergate decided to shut down, the FHLB said Wednesday.



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