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CoinOtag 2024-07-01 19:43:11

SEC Files Securities Fraud Lawsuit Against Silvergate Bank in Federal Court

**SEC Files Securities Fraud Lawsuit Against Silvergate Bank in Federal Court** In a significant development for the cryptocurrency sector, the U.S. Securities and Exchange Commission (SEC) has initiated a lawsuit against Silvergate Bank, alleging securities fraud. This legal action marks a critical moment as regulatory bodies increase scrutiny on financial institutions associated with digital assets.

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