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21 sats \ 1 reply \ @thebtctoto 7 Dec 2022 \ on: Public Letter from Silvergate CEO Alan Lane bitcoin
"Silvergate conducted significant due diligence on FTX and its related entities including Alameda Research, both during the onboarding process and through ongoing monitoring, in accordance with our risk management policies and procedures and the requirements outlined above."
Yikes...this is either a lie or their due diligence is completely ineffective.
That's why fraud is illegal.
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