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Feds seize $150M from Farmington, Silvergate amid FTX probe | Banking Dive
https://www.bankingdive.com/news/federal-prosecutors-seize-50-million-farmington-100m-silvergate-ftx-probe-bankman-fried/641192/
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Each of the affected banks has made a marked shift this year: Farmington is exiting the crypto space, and Silvergate has cut 40% of its staff, citing current “economic realities.”
