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The post Silvergate Bank’s CEO and Legal Officer Leave Amid the Shutdown Process! appeared first on Coinpedia Fintech News
Silvergate Bank’s CEO, Alan Lane, and Chief Legal Officer, John Bonino, have left the company. According to reports, the departures are part of the bank’s ongoing shutdown process, which is expected to be completed soon. The bank’s Chief Financial Officer is also set to depart later this month. Silvergate Bank, which is based in San Diego, California, has been a major player in the cryptocurrency industry since 2013. Its demise is sure to have an impact on the industry, and many are watching closely to see what will happen next.