Senators want more info on Silvergate's 'egregious failure' on FTX
A bipartisan group of senators want more information from Silvergate Bank, a bank that caters to crypto and fintech clients, about the bank's current financial wellbeing, while also taking the company to task for its management of FTX and Alameda funds.
Warren and Kennedy both sit on the Senate Banking Committee, while Marshall is a member of the Senate Agriculture Committee, which is debating legislation to reform regulations on some digital assets and crypto exchanges due to that committee's oversight of the Commodity Futures Trading Commission. U.S.-based junctions for crypto firms looking to get access to fiat bank accounts.
Source
https://t.me/Crypto_Bitcoin_Blockchain
