$4.3 Billion Loan from Federal Bank
Silvergate Capital is a new hedge fund and its strategy is to use Bitcoin as the main investment tool.
It is known as the premier cryptocurrency hedge fund and it is expected to be the next crypto hedge fund.
Due to the collapse of FTX every user took out the money from the Silvergate platform
Due to this all the funds from the investors will be taken by Silvergate and there will be a loss to the investors
Due to all these things Silvergate took a loan of $4.3 billion from the Federal bank of san Fransisco
They took this loan last year to handle the current company situation.
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