How did Silvergate Bank, one of the go-to banks for the crypto industry, go from a booming business to a failed institution in just a short amount of time? While bank failures are rare, Silvergate's demise serves as a reminder that even the most innovative and promising businesses can experience failure. As of year-end 2022, Silvergate's deposits were over $6 billion, possibly ranking it in the top 50 largest US bank failures in FDIC history.

Welcome to Economic Trends where today we are asking what is really happening with bank runs?
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