The relationship between banks and cryptocurrency has always been complicated. In the early years of Bitcoin and Ethereum, traditional financial institutions were wary of digital assets, often viewing them as risky, unregulated, or even threatening to the stability of the financial system. Fast forward to 2025, and the landscape looks very different. Today, several banks in the United States have positioned themselves as crypto-friendly, offering services tailored to traders, investors, and even businesses ...

In the wake of FTX cryptocurrency fraud, investors claim Silvergate Bank misled the public about its customer vetting and anti-money laundering programs. Subsequent run on the bank led to Silvergate Bank’s demise and Silvergate Capital’s bankruptcy. SAN DIEGO, Sept. 03, 2025 (GLOBE NEWSWIRE) -- Today, a federal judge in California granted final approval of a $37.5 million cash settlement between investors and Silvergate Capital Corporation, the holding company for Silvergate Bank, resolving a securities fr ...