So proud to be part of Zaria!
prnewswire.com/news-releases…
The absolute honor of my life was serving alongside Alan Lane for 16 years. Alan made me a better professional, a better wife, mother, daughter, sister and friend. I’m so humbled to finally see the truth being told publicly—but while it may seem that I personally and professionally lost much, what few know is how much I gained with this man. I’d do it again, in a heartbeat.
Kate Fraher retweeted
Alan Lane took a $500M bank and grew it into a $15B behemoth in 8 years
Silvergate saw something that nobody else did and had the balls to bet on it
Exactly what America was built for
The Biden admin weaponized regulators against the crypto industry
The opposite of what America was built for
and Silvergate survived the largest bank run in history as a result
Excited to be part of Mita Tech Talks! Hope to see you there for conversation about bitcoin, energy, and AI.
🤖 Made with AI
Kate Fraher retweeted
As a believer in crypto, I'm grateful for the contribution Silvergate Bank made to the growth of the industry. Without SEN, we never would have gotten this far. Alan Lane and his leadership team were true visionaries who saw the power of #Bitcoin years before others.
Kate Fraher retweeted
WHAT THE BIDEN CREW DID to Silvergate was wrong. And **nothing** has been done to change the levers pulled by the Biden crew to assassinate a liquid, solvent bank it didn't like. The GOP had the chance to fix it but didn't. Sadly, this abuse of power will happen again...
Important retrospective from former Silvergate CEO Alan Lane on the liquidation of the bank
silvergateceo.substack.com/p…
Kate Fraher retweeted
Money Is a Battleground; Lessons from the Front Lines
Sept 9, 12PM fireside with @jaredkate at @thestablecon
PS, if you're coming, dm. We're working on something.
Big news: I'm speaking at @thestablecon USA 2026 in Washington, D.C. this September.
We're at an extraordinary inflection point. The GENIUS Act has answered the question of who can legally issue money. Now the harder questions are being worked out in real time: bank vs. non-bank issuers, federal vs. state licensing, concentration risk in a $300B market, and what happens when AI agents hold wallets.
I'll be on stage to share what I'm seeing — and to engage with the sharpest minds at this intersection. The speaker lineup is exceptional and the agenda goes deep on the issues that matter.
See you in D.C., September 9–11.
Join me with a $300 discount-->register.stablecon.com/usa/b…
My years at Silvergate introduced me to bitcoin, where I fell in love with an anti-fragile network designed to protect against centralized manipulation.
My last three years taught me a deeper lesson: financial sovereignty is only half the equation. Resilience demands a full-stack approach.
Professionally, I’m dedicated to bitcoin evangelization and adoption, but personally? I traded suburban Southern CA life for 20 acres in the Midwest and spend the “other half” of my days milking goats, raising 8 kids, and collecting eggs. This is the physical manifestation of the Bitcoin philosophy: centralized systems can shift a policy but a working homestead relies on unarguable reality.
Don’t trust, verify. Promoting financial sovereignty professionally and personally, building toward physical sovereignty. ⚡️🌾
Kate Fraher retweeted
It's been a while since we talked about Chokepoint 2.0.
Kraken will enter a $22M award with the Delaware Court of Chancery -- compensation for financial harm inflicted on us by the coordinated campaign to cut crypto off from banking, auditors, and other essential services.
Kate Fraher retweeted
The Custodia Bank case against the Federal Reserve may be heading to the highest court in the country.
Justice Neil Gorsuch has granted additional time for Custodia to file a certiorari petition, due July 11.
The core question: does the Fed have unlimited discretion to deny a state-chartered bank a master account?
Custodia, a Wyoming-chartered bank focused on digital assets, applied in 2020. The Fed denied it. A divided 10th Circuit ruled in the Fed's favor. Custodia is now asking the Supreme Court to weigh in.
If the Court takes the case, it could set precedent on whether the Federal Reserve can effectively veto which banks are allowed to participate in the US financial system.
h/t @EleanorTerrett
Kate Fraher retweeted
🚨NEW: President Trump says his administration is building a “future-proof” digital asset market structure that can’t be undone by “crypto haters.”
This marks the first time the president has publicly weighed in on crypto market structure since March.
1/5
My last post was about what the SEC gag rule cost individuals.
This one is about a broader structural question those costs point to:
When a sustained campaign against a financial institution destroys shareholder value without proving a single underlying crime, who is the system actually protecting, and who is it holding accountable?
🧵
4/5
Here is the legal asymmetry.
A licensed analyst who sent those same memos to a senator’s office while holding a short position would face mandatory disclosure of that position, compliance review, and a cooling-off period before covering under FINRA Rule 2241 and Reg AC.
An activist short seller operating outside that perimeter faces none of it. No disclosure. No supervisory review. No restriction on timing.
Ironically, Cohodes himself co-authored a 2020 FT op-ed advocating for exactly this kind of reform, a 10-day holding period after distributing market-moving research. He did not apply that standard to Silvergate.
The shareholders who bore the legal costs of the proceedings that followed had no way of knowing that a sustained public campaign against their company, one that ran in parallel throughout, operated under no disclosure obligations whatsoever.
That information asymmetry is not incidental. It is structural.
5/5
No regulator proved that money was laundered through Silvergate. No regulator proved that fraud occurred. No regulator proved that our AML controls failed.
The SEC case was a disclosure theory. Our CFO contested it and did not settle.
Our CAO’s sworn bankruptcy testimony states plainly: Silvergate had stabilized by early 2023, met capital requirements, and could have continued operating. It was two joint statements from the Federal Reserve, FDIC, and OCC that Silvergate’s own CAO cited in sworn bankruptcy testimony as the regulatory signals that made the bank’s business model untenable.
We were a victim of FTX’s fraud. Not a participant in it.
The structural questions this raises go beyond Silvergate. When activist short sellers can lobby regulators privately, without disclosure, while profiting publicly from the response, and shareholders absorb the cost of proceedings that prove nothing, that is a market structure problem worth talking about seriously.
#Banking #FinancialRegulation #ShortSelling #Silvergate #OperationChokepoint #MarketStructure #InvestorProtection