Sen. Elizabeth Warren
SEPTEMBER 20: U.S. Sen. Elizabeth Warren (D-MA) arrives for a Senate Banking, Housing, and Urban Affairs Committee on Russian sanctions, on Capitol Hill, September 20, 2022 in Washington, DC. The Committee held the hearing to discuss additional sanctions against Russia for its invasion of Ukraine.

  • A bipartisan group of senators reportedly sent a letter to Silvergate Monday asking about connections to FTX. 
  • The crypto-focused bank previously declined to fully answer FTX-related questions, the senators said. 
  • The bank's reasoning was "simply not an acceptable" rationale, they added.  

A bipartisan group of US senators is pressing Silvergate for more information related to the crypto-focused bank's ties to FTX.