Report: US Prosecutors Looking Into What Silvergate Knew of FTX

U.S. prosecutors are reportedly examining Silvergate Capital’s hosting of accounts for FTX and Alameda Research.

Bloomberg reported Thursday (Feb. 2) that the probe centers on what banks and intermediaries knew about the now-bankrupt cryptocurrency companies that have since been accused by U.S. officials of fraud.

Silvergate’s bank catered to crypto companies and served Alameda Research with an account beginning in 2018, according to the report.

The bank has not been accused...