US Bank Hits with Crypto Withdrawal

bank hits with record high Withdrawal i.e., $ 8 Billion, Silvergate, which provides cryptocurrency services to People. Customers have withdrawn over $8bn (£6.7bn) of their Crypto-linked Deposits. Around 2/3rd of the bank's customers pulled their deposits in the final three months of .

The main reason for that withdrawal is because of the FTX Case in which FTX's boss has pleaded not guilty to charges that he defrauded customers and investors.

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