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Silvergate gets more bad news as Moody’s slashes its ratings

Ark Invest, the investment vehicle of Cathy Wood, sold off more than 400,000 shares of parent company Silvergate Capital (NYSE:SI), worth $4.3 million on Jan. 6, leaving it with a mere 4,000 shares, according to various media reports. Those shares lost 43% of their value the previous day.

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Source: Cryptocurrency - investing.com

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