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Silvergate stocks down by 30%

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Silvergate Capital stocks may be in trouble as  one of the big crypto players. Silvergate capital, one of  the go to banks for companies dealing with digital assets.ts stocks fell by 30% following its refusal to release earnings. The firm said it sold additional debt securities to compensate for its losses in 2022 which was  fueled by the demise of FTX.
Silvergate Stocks went down by 30% after the announcement. The hectic 2022 had a  catastrophic impact on Silvergate as most digital assets players sought new partners.

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