Silvergate Bank must now confront a class-action lawsuit. This legal action stems from accusations that the bank played a pivotal role in facilitating fraudulent activities associated with the now-defunct cryptocurrency exchange FTX and its affiliate, Alameda Research. The federal court’s decision came after Silvergate Bank attempted to have the lawsuit dismissed in June, a motion The post Silvergate Bank to Stand Trial Over Allegations of Enabling FTX Scam appeared first on CoinGape .
