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b'Ram Ahluwalia, CEO and cofounder of crypto-native investment advisor Lumida, and Marc Cohodes, individual investor and former hedge fund manager, have a heated debate about Silvergate, a crypto-friendly bank that plays a key role in integrating crypto with traditional finance and is currently under scrutiny due to its ties with FTX and Alameda. Both Marc and Ram have a vested interest in Silvergate. Marc is shorting the stock, while Ram is longing it.\\n\\xa0\\nShow highlights:\\n\\nwhy Silvergate plays such a vital role in the movement of money within the crypto industry\\n\\nwhether Silvergate runs proper KYC and AML practices\\n\\nwhether Silvergate has a $1 billion hole in its balance sheet\\n\\nwhether regulators will go after Silvergate as they are doing with FTX\\n\\nwhy Marc thinks the FTX collapse wouldn\'t have happened without Silvergate\\xa0\\n\\nwhether Silvergate was complicit with FTX\\u2019s activities or simply negligent\\xa0\\n\\nwhy Ram believes this case is different from JPMorgan\'s involvement with Madoff\\xa0\\n\\nwhat regulatory actions might come in the near future for Silvergate\\xa0\\n\\nwhy Ram thinks regulators will go to "great lengths" to avoid a bank failure\\n\\nwhat would it take for Ram and Marc to change their minds\\n\\n\\xa0\\nTake Unchained\'s 2022 survey!\\xa0\\xa0\\nUnchained is doing its annual survey. Tell us how you think we\\u2019re doing and how we could improve, whether it be on the podcast, in the newsletter, or in our premium offering. Looking forward to hearing your thoughts!\\xa0\\nThank you to our sponsors!\\nCrypto.com\\nChainalysis\\nMinima\\nDeFi Saver\\n\\n\\xa0Guests:\\nRam:\\n\\nTwitter\\n\\nRam\\u2019s thread on Silvergate\\n\\nRam\\u2019s previous appearances on Unchained:\\n\\nGenesis May Be Facing Bankruptcy. Could It Take DCG Down With It?\\n\\nWhy Genesis Could Very Well Be Insolvent, Not Just Illiquid\\n\\nMarc:\\nTwitter\\n\\xa0\\nEpisode links:\\n\\nClass action lawsuit against Silvergate\\n\\n\\nThe Block: Silvergate CEO seeks to reassure investors over crypto contagion\\n\\n\\n\\nLetter from Senators Elizabeth Warren, John Kennedy, and Roger Marshall\\n\\n\\nThe Guardian: JP Morgan Chase to pay more than $2bn in penalties for Madoff ties\\n\\n\\n\\nThe Financial Times: Silvergate: from tiny local lender to bank behind the crypto boom\\n\\n\\n\\nWSJ: Crypto Is Taking a Few Small Banks on a Wild Ride\\n\\n\\nBloomberg:\\xa0\\n\\nThese Banks Were Left Holding the Bag in Crypto Implosion\\n\\nAn Obscure Bank Found Its Key to Success. Then FTX Collapsed\\n\\n\\nCoinDesk: Crypto Bank Silvergate Says Its BlockFi Digital-Asset Deposit Exposure Totals Less Than $20M\\n\\n\\n\\nNew York Post: Crypto \\u2018smart\\u2019 money? Big traders fell for Sam Bankman-Fried\\n\\n\\n\\nNBC: Sen. Warren demands answers from Silvergate Bank about its business dealings with FTX\\n\\n\\nDylan LeClair\\u2019s Twitter thread\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'