KUBR

Silvergate's crypto-heavy deposit base fled after FTX, and regulators found monitoring failures

Silvergate Bank · Banking (listed)

Regulatory breachFunding shockGovernance failure

The case in brief

Visible before detection

    Checks that could have surfaced it, on hindsight

    1

    Regulatory & litigation records

    Would have tracked regulator findings.

    Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.

    2

    Bank credits vs books

    Would have watched concentration and outflows.

    Can mislead when: AA only sees the accounts the company links, so an undisclosed account stays invisible. Cash-heavy businesses and timing differences create false flags.

    3

    Ownership / related-party links

    Would have mapped links to failed exchanges.

    Can mislead when: Nominee directors and offshore layers hide links. Name matching throws up false positives, so every flag shows its evidence path.

    Where Kubr services would have helped

    Valuation context

    Offered in India
    • C8 Would have tracked regulator findings.

    Portfolio monitor

    Offered in India
    • C1 Would have watched concentration and outflows.
    • C3 Would have mapped links to failed exchanges.
    • C8 Would have tracked regulator findings.

    Borrower monitor

    Offered in India
    • C1 Would have watched concentration and outflows.
    • C3 Would have mapped links to failed exchanges.
    • C8 Would have tracked regulator findings.

    Verified Snapshot

    Offered in India
    • C3 Would have mapped links to failed exchanges.
    • C8 Would have tracked regulator findings.

    Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.

    A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.