“Merchants do not wish to maintain Silvergate Capital this week for worry that testimony from FTX can be disastrous,” stated Edward Moya, senior market analyst for the Americas at OANDA. . “Legislators are looking for out every thing that went fallacious with FTX, and a few of it may spill over to Silvergate. Everybody desires to know if and the way they did it, and corporations related to FTX will in all probability come underneath a number of scrutiny.”
