Former Silvergate Exec Sheds Light SEC Settlement

Cointelegraph Staff

(07:38 AM UTC)

1 min read

The former chief risk officer of Silvergate revealed she made the decision to settle with the US securities regulator in 2024 to avoid a “multi-year battle” in court, where she was accused of misleading investors about anti-money laundering rules and how the bank monitored crypto customers.

In her first public comments about her settlement with the SEC on Wednesday, Kate Fraher claimed that no…

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