Silvergate's Former Risk Chief Settles SEC Case, Blames Regulatory Pressure
Kate Fraher, Silvergate's former chief risk officer, settled with the US Securities and Exchange Commission in 2024 to avoid a prolonged court battle over claims that she misled investors about the bank's anti-money laundering controls and crypto customer monitoring. Fraher agreed to pay a $250,000
EthanBrooks·05-21 18:04
