Silvergate the crypto bank goes bust!
Silvergate Bank, the crypto bank is the first bank failure since late 2020. It's involvement with FTX undermined its deposit base leading to bank run and ultimate failure.
LTCM – It Could Never happen Again – Well it Did!
After LTCM, leverage was identified as a key factor in its collapse, it was a feature of the Global Financial in 2008 and yet again in the case of Archegos…