Silvergate – Tag – MinistryWatch
Judge Rules Word of God Fellowship May Sue Bank for Fraud
Bank denies responsibility for clients’ loss in FTX scheme, including Word of God’s $25 million deposit
May 30, 2024
Last year, MinistryWatch reported that Word of God Fellowship Inc., which owns Daystar Television Network, was suing Silvergate, a now-liquidated cryptocurrency bank, for using $25 million in ministry deposits to participate in a massive cryptocurrency ...
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Word of God Fellowship Sues Bank and its CEO for Fraud
The Daystar Television owners claim Silvergate may have seen the FTX collapse coming when it accepted its $25 million deposit
June 1, 2023
Word of God Fellowship is suing a now-liquidated cryptocurrency bank, for using $25 million in ministry deposits to participate in a massive cryptocurrency scheme with Sam Bankman-Fried's now-defunct FTX Trading.
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