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Former crypto-friendly bank Silvergate Bank likely would have survived had it not been forced into voluntary liquidation by United States regulators that were trying to “decapitate” the cryptocurrency industry, claims an industry executive. “I believe Silvergate could have survived its drawdown — and was on a path to do so,” Nic Carter, a partner at blockchain-focused Castle Island Ventures, wrote in a Sept. 25 Pirate Wires article. He cited Silvergate’s recent bankruptcy filings and conversations with sources revealed that the bank was told by Joe Biden’s administration that it must cap crypt…

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