SILVERGATE CAP. (WKN: A2PCBX) Seriöse Krypto Bank

Ein Übernahmekandidat?

Noch kein Default, aber die Bonität ist sehr schwach.

Moody's downgrades Silvergate Bank's deposit ratings to Caa1 from Ba3; ratings on review for downgrade
03 Mar 2023

www.moodys.com/research/...atings-to-Caa1-from-Ba3--PR_474469

Vermutlich übernimmt hier schon sehr bald die FDIC das Ruder:  "In the case of more immediate financial distress, the FDIC could take over at any time—generally on a Friday evening, to minimize disruption to the broader financial system. In this scenario, the FDIC could be looking for an acquirer now. Although Wells Fargo is rumored to be a candidate, Popeo warned that onlookers without direct knowledge are ill-equipped to speculate."
fortune.com/crypto/2023/03/04/...brink-what-happens-if-fails/

so wie damals bei WAMU, und diesmal bekommt wells fargo ein geschenk?

Circle managed to move reserves of USD Coin (USDC) stablecoin out of collapsing banking heavyweight
u.today/...e-releases-crucial-update-on-usdcsilvergate-issues

Boy, that escalated quickly. I mean that realy got out of hand fast.
https://www.youtube.com/watch?v=rFeVfwDvTyM

$100 Billion Game-Changer: Silvergate, the crypto bank once described by FTX founder Sam Bankman-Fried as a major game-changer for the industry, is teetering on the verge of collapse—with one short-seller predicting the bank will implode this week. Crypto Could Be Heading Into Its Biggest Week Ever After Wild Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon And Solana Price Swings
https://www.forbes.com/sites/digital-assets/2023/...ana-price-swings/

Silvergate Capital cut to Underperform at Wedbush on potential for liquidation. Target price gets cut to $4. Last week, SA Author Bram de Haas advised that "it's time to get out" of Silvergate (SI).
seekingalpha.com/news/...wedbush-on-potential-for-liquidation

Silvergate short seller predicts crypto bank's demise within a week
www.theblock.co/post/216968/...pto-banks-demise-within-a-week

Block.One founder Brendan Blumer lost over $70M on Silvergate
protos.com/...der-brendan-blumer-lost-over-70m-on-silvergate/

White House Will ‘Continue Monitoring’ Silvergate Bank Reports: Press Secretary: "It is obviously only the latest company in the cryptocurrency field to experience significant issues," Jean-Pierre said
decrypt.co/122850/...-silvergate-bank-reports-press-secretary

Die insolvente Bank Silvergate und FDIC diskutieren Sanierungspläne: FDIC-Beamte schwärmen Silvergate Capital in verzweifeltem Versuch, einen Shutdown zu vermeiden. Die US-Regulierungsbehörden wurden zum Hauptsitz von Silvergate Capital Corp. geschickt, da die kryptowährungsfreundliche Bank darum kämpft, eine Lösung zu finden, um im Geschäft zu bleiben.
www.finanztrends.de/silvergate-capital-aktie-krypto-chaos/

George Soros’s Family Office Bets Against Crypto Bank Silvergate
www.bloomberg.com/news/articles/...-against-silvergate-shares

Is it curtains for Silvergate? We reckon Silvergate wishes it had never served as FTX’s bank.  It was an accident waiting to happen. Even without FTX’s implosion, there has been a stubborn crypto bear market and depositors may have steadily withdrawn their funds from the bank.  
www.kapronasia.com/...item/is-it-curtains-for-silvergate.html

gibt es da keine meinungen?

Silvergate short seller says he’s betting against Signature: ‘Binance is next’: Short seller Marc Cohodes loaded up on bearish bets of Silvergate, led by CEO Alan Lane (pictured). Now he's shorting Signature Bank.
www.dlnews.com/articles/people-culture/...ergate-binance-ftx/

Binance.US does not maintain any customer funds at Silvergate. We started transitioning away from Silvergate at the end of 2022 and successfully completed the transition earlier this year.
twitter.com/BinanceUShelp/status/1633446469570121729

This Is What Whales Are Betting On Silvergate Capital: Someone with a lot of money to spend has taken a bearish stance on Silvergate Capital
www.benzinga.com/markets/options/23/03/...-silvergate-capital

FDIC Investigators Are on the Premises of Collapsing Federally-Insured, Crypto Related Bank, Silvergate: It’s Not a Friendly Visit
wallstreetonparade.com/2023/03/...e-its-not-a-friendly-visit/

Silvergate Slides on Plan to Wind Down Bank Operations and Liquidate
www.bloomberg.com/news/articles/...k-operations-and-liquidate

DFPI-Erklärung: Silvergate Bank beginnt mit Liquidation
dfpi.ca.gov/2023/03/08/...ank-to-begin-voluntary-liquidation/

“The stake, worth about $25 million, was a result of CITADEL SECURITIES’ market making operations”
https://pbs.twimg.com/media/...WcAAdbKW?format=jpg&name=4096x4096

Ken Griffin/Citadel hat seine Longposition in Silvergate verloren und nächstes wird er seine Shortposition in Credit Suisse verlieren.
https://www.ariva.de/forum/...urchschritten-381890?page=38#jumppos960

Who will be the empty bag holders? Thus, if Silvergate were to join the spate of major crypto industry entities that filed bankruptcy recently, it could leave the FDIC holding the (empty) bag, responsible for paying out deposit insurance on Silvergate’s FDIC insured accounts while the FHLB is first in line for any assets remaining.
https://www.ariva.de/forum/...ese-krypto-bank-575278?page=1#jumppos27

Ojee, schnell raus alle hier. Rettet die Groschen.

www.cnbc.com/2023/03/08/...erations-and-liquidating-bank.html

Die gehandelten Aktien gehören aber der Capital Group und da ist die Bank nur ein Teil von.