The Wall Street Journal: An account of Silvergate Capital "seems to be at the heart of the FTX bankruptcy."

ChainCatcher news, according to The Wall Street Journal, Silvergate Capital has informed three congressional senators that it is reviewing transactions between FTX and Alameda Research. An account at Silvergate Capital "appears to be at the core of FTX's bankruptcy."

It is reported that transactions between these entities have become central to investigators trying to determine the cause of FTX's collapse last month. Prosecutors and regulators have accused SBF of fraud, while Silvergate claims it was unaware that the funds transferred to Alameda Research via wire transfer actually belonged to FTX. Due to relevant confidentiality rules, Silvergate is required to keep this information confidential. (source link)