Hoskinson said the story of Silvergate Bank, a California lender that served crypto firms, is highly important and has received too little coverage.
Charles Hoskinson, the founder of Cardano (a blockchain network), said the U.S. government had actively begun shutting down banks that supported the cryptocurrency industry. In the post, he singled out Silvergate Bank, a California bank known for serving crypto companies, and described its story as especially important and underreported. The input provides only Hoskinson’s statement and does not include evidence, official confirmation, dates, or responses from U.S. authorities or Silvergate.