US prosecutors in the Justice Department’s fraud unit are looking into
The criminal investigation is examining Silvergate’s hosting of accounts tied to Sam Bankman-Fried’s businesses, said the people who asked not to be identified to discuss the confidential probe. The review adds to mounting scrutiny of the La Jolla, California-based bank, which has also drawn the attention of lawmakers.
The crypto-friendly bank hasn’t been accused of any wrongdoing and the inquiry, which is in its early phases, could end ...