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MANIFOLD
Will Silvergate Bank be seized by the FDIC by the end of 2023?
12
Ṁ250Ṁ2.5k
resolved Dec 29
Resolved
NO

Market will resolve to YES if Silvergate Capital Corporation appears

on the list of failed banks by Jan 1 2024.

Context is that Silvergate processes a good chunk of cryptocurrency payments and has recently seen concerns about its financial welfare

https://ir.silvergate.com/news/news-details/2023/Silvergate-Capital-Corporation-Announces-Fourth-Quarter-2022-Results/default.aspx

Failed bank list: https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/

Market context
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