Silvergate em negociações com FDIC para evitar quebras: relatório
- Silvergate reuniu-se com funcionários da Federal Deposit Insurance Corporation (FDIC) para evitar uma possível avaria.
- The officials visited the company’s headquarters last week and dug deep into the records and books of the crypto firm to come up with a possible solution.
- Sources said that a decision has yet to be made by the executives and directors to deal with the company’s financial strife.
- A empresa confirmou na semana passada que fecharia a Silvergate Exchange Network, uma plataforma de pagamento de ativos digitais.
A comunidade cripto está cética em relação às capacidades operacionais do popular banco cripto Silvergate, cujas ações despencaram mais de 50% nas últimas semanas depois que a empresa anunciou que adiaria o arquivamento de seu relatório financeiro anual 10-K, levando ao indústria questionando suas capacidades financeiras. Curiosamente, um relatório afirma que a fintech está em negociações com funcionários da Federal Deposit Insurance Corporation (FDIC) para evitar um possível colapso.
De acordo com um relatório da Bloomberg em 7 de março, o FDIC, uma corporação do governo dos Estados Unidos responsável por manter a solidez, segurança e proteção ao consumidor de empresas e bancos que operam nos EUA. Foi criado durante a Grande Depressão para reinstilar a fé dos consumidores americanos no sistema bancário dos EUA.
Bloomberg stated that as per people familiar with the matter, Silvergate is in talks with the FDIC to discuss ways that can be introduced to improve the company’s conditions and prevent a possible collapse.
The report also confirms that several officials arrived at the headquarters of the fintech firm last week to check Silvergate’s records and books and dig deep into the company’s finances. It is crucial to note that the sources told Bloomberg that a decision has yet to be made by the executives and directors to deal with the company’s financial strife.
According to the sources, the involvement of the FDIC in the financial matters of Silvergate does not mean that the company is incapable of fixing its finances on its own. The company lost the confidence of its partners and investors when it stated that it would postpone its 10-K filing, adding that it was evaluating the impact” of market volatility and several high-profile bankruptcies in 2022 on “its ability to continue as a going concern” over the next 12+ months.
The fintech firm added that it needs more time “to allow its independent registered public accounting firm to complete certain audit procedures, including the review of adjustments not yet recorded and the evaluation of the effectiveness of the Company’s internal control over financial reporting.”
Por outro lado, grandes nomes da indústria cripto como Tether, MicroStrategy, Circle, Bitstamp, Galaxy Digital, Coinbase e Paxos se distanciaram de Silvergate, enquanto várias empresas reduziram suas parcerias, incluindo Crypto.com, Blockchain.com, Wintermute , GSR e Cboe Digital.
Furthermore, as reported earlier by Bitnation, veteran short seller Marc Cohodes has predicted that Silvergate will die within a week while sharing pictures of the firm’s deserted office. Cohodes said that “Silvergate is a publicly traded crime scene” and added that the CEO of the company, Alan Lane, belongs in prison.
Na semana passada, a empresa anunciou que close its digital assets’ payment network, the Silvergate Exchange Network (SEN), adding that the termination is a “risk-based decision.” The California-based company also confirmed a loss of close to $1 billion in its Q4 2022 report and also laid off employees.
Jornalista cripto com mais de 3 anos de experiência em DeFi, NFT, metaverso, etc. Parth trabalhou com grandes meios de comunicação no mundo cripto e financeiro e ganhou experiência e conhecimento em cultura criptográfica depois de sobreviver a mercados de baixa e alta ao longo dos anos.
