David Gerard@awful.systemsM to Buttcoin@awful.systemsEnglish · 3 months agoSilvergate settles with SEC, DFPI, and Federal Reserve over FTX money launderingamycastor.comexternal-linkmessage-square1fedilinkarrow-up115arrow-down10
arrow-up115arrow-down1external-linkSilvergate settles with SEC, DFPI, and Federal Reserve over FTX money launderingamycastor.comDavid Gerard@awful.systemsM to Buttcoin@awful.systemsEnglish · 3 months agomessage-square1fedilink
minus-squareAlphane Moon@lemmy.worldlinkfedilinkEnglisharrow-up5·3 months agoPenalties seem pretty mild, especially for the CEO and CFO. For some reason I suspect their $1 M and $250 K penalties aren’t all that material relative to the amounts they made via Silvergate.
Penalties seem pretty mild, especially for the CEO and CFO. For some reason I suspect their $1 M and $250 K penalties aren’t all that material relative to the amounts they made via Silvergate.