SEC files lawsuit against FTX-linked bank, alleging fraud
Enforcement director Gurbir Grewal said Silvergate allegedly “failed to detect nearly $9 billion in suspicious transfers among FTX and its related entities.”
![SEC files lawsuit against FTX-linked bank, alleging fraud](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvNDZhYmQ1ZmEtZmU0NS00NDI0LWEwZTctYWJkMjQ0N2Y0ZDE1LmpwZw==.jpg?#)
Enforcement director Gurbir Grewal said Silvergate allegedly “failed to detect nearly $9 billion in suspicious transfers among FTX and its related entities.”
What's Your Reaction?
![like](https://global.viportal.co.ke/assets/img/reactions/like.png)
![dislike](https://global.viportal.co.ke/assets/img/reactions/dislike.png)
![love](https://global.viportal.co.ke/assets/img/reactions/love.png)
![funny](https://global.viportal.co.ke/assets/img/reactions/funny.png)
![angry](https://global.viportal.co.ke/assets/img/reactions/angry.png)
![sad](https://global.viportal.co.ke/assets/img/reactions/sad.png)
![wow](https://global.viportal.co.ke/assets/img/reactions/wow.png)