Silvergate settles with SEC, DFPI, and Federal Reserve over FTX money laundering
Silvergate settles with SEC, DFPI, and Federal Reserve over FTX money laundering

amycastor.com
Silvergate settles with SEC, DFPI, and Federal Reserve over FTX money laundering

Penalties seem pretty mild, especially for the CEO and CFO. For some reason I suspect their $1 M and $250 K penalties aren't all that material relative to the amounts they made via Silvergate.