Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank
![Circle, Paxos, Bitstamp and Galaxy join Coinbase in scaling back partnerships with Silvergate Bank](https://cryptoinvestment.at/wp-content/uploads/2023/03/circle-paxos-bitstamp-and-galaxy-join-coinbase-in-scaling-back-partnerships-with-silvergate-bank.jpg)
Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried’s account.