In re Silvergate Capital Corporation Securities Litigation

  1. May 22, 2025

    Silvergate Estate To Chip In For $37.5M Investor Settlement

    Silvergate Capital and investors suing over its collapse have reached a $37.5 million deal with a "rare" source of partial funding to resolve claims that the failed crypto-focused bank misrepresented its safeguards against onboarding customers like FTX, the fraud-ridden crypto exchange that made up roughly a sixth of the bank's deposit base.

  2. July 11, 2023

    Silvergate Wants Investor Suit Over Crypto Ties Axed

    The failed bank Silvergate Capital and its former brass and underwriters have urged a California federal judge to toss an investor suit over the bank's collapse, asserting that the complaint fails to sufficiently allege the parties performed no due diligence in vetting Silvergate's cryptocurrency customers.

  3. March 01, 2023

    2 Firms Tapped To Rep Investors In Silvergate Laundering Suit

    Bernstein Litowitz Berger & Grossmann LLP and Cohen Milstein Sellers & Toll PLLC were appointed class counsel in a proposed class action against Silvergate Capital Corp. that accuses the cryptocurrency-focused firm of failing to alert investors it lacked the necessary protections to detect ongoing money laundering on the platform.