Silvergate to Wind Down Bank Operations

The video discusses the winding down of Silvergate Capital, known as the Crypto Bank, due to financial struggles and the collapse of FTX. It explores the systemic risk posed by Silvergate's operations, the role of the FDIC, and the future of crypto banking. The video also examines potential recapitalization efforts and the challenges faced by Silvergate in maintaining its banking operations.

Discuss the potential systemic risks associated with the shutdown of Silvergate Bank.

What challenges might arise in finding a new bank to serve the crypto industry after Silvergate's closure?