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Silvergate's ties to FTX are under scrutiny by US senators who say the crypto bank was 'evasive' in earlier inquiries
1 month ago | By Business Insider
SEPTEMBER 20: U.S. Sen. Elizabeth Warren arrives for a Senate Banking, Housing, and Urban Affairs Committee on Russian sanctions, on Capitol Hill, September 20, 2022 in Washington, DC. The Committee held the hearing to discuss additional sanctions against Russia for its invasion of Ukraine. Kevin Dietsch/Getty Images
A bipartisan group of senators reportedly sent a letter to Silvergate Monday asking about connections to FTX.
The crypto-focused bank previously declined to fully answer FTX-related questions, the senators said.
The bank's reasoning was "simply not an acceptable" rationale...
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