Crypto lender Silvergate's deepening crisis jolts peer stocks

Crypto lender Silvergate's deepening crisis jolts peer stocks

FILE PHOTO: Representations of cryptocurrencies are seen in front of displayed decreasing stock graph in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration

Shares of Silvergate Capital Corp fell as much as 11% on Monday after the bank suspended its crypto payments network and expressed doubts over the viability of its business.

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