#Silvergate, a bank known for its support of cryptocurrencies, has raised concerns about its ability to continue operating and has delayed filing with the Securities and Exchange Commission (#SEC ). This uncertainty has caused the bank's stock price to drop by more than 50%, leading to fear, uncertainty, and doubt (#FUD ) in the market. The bank's financial struggles were initially revealed when it reported a $1 billion net loss in Q4 2022 following the unexpected collapse of the #FTX cryptocurrency exchange. The US Department of Justice is now investigating transactions between Silvergate and FTX, though no wrongdoing has been alleged thus far. Despite some businesses denying exposure to Silvergate, the bank still managed over $3.8 billion in client deposits in Q4 2022, a significant drop from the $11.9 billion it handled in Q3 2022. #coingabbar