Will Silvergate Bank be seized by the FDIC by the end of 2023?
12
250Ṁ2486resolved Dec 29
Resolved
NO1H
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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
Failed bank list: https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/
This question is managed and resolved by Manifold.
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