Jim Cramer explains Silvergate’s failure on Mad Money
Shares are down by more than 90% from their all-time high in November 2021
Silvergate is a “great example of everything that’s wrong with this industry”
They were working on a MMF, the most dangerous link in the crypto chainJim Cramer talked about why Silvergate is a ‘pivotal’ part of the crypto ecosystem on Mad Money, CNBC.
Silvergate’s shares plummeted, losing more than 43% yesterday, then another 2% or so. They are down by more than 90% from t
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