Share this article

Crypto Bank Silvergate Reports Q4 Loss of $1B

The company posted a loss of $949 million for 2022, compared with net income of $76 million in 2021.

Updated May 9, 2023, 4:06 a.m. Published Jan 17, 2023, 12:10 p.m.
Crypto bank Silvergate Capital swung to a loss in the fourth quarter. (CoinDesk archives)
Crypto bank Silvergate Capital swung to a loss in the fourth quarter. (CoinDesk archives)