Many NIA members follow the blog ZeroHedge, but does anybody find it strange that they have been pumping the stock of Silvergate Capital (SI) for over a year now when they are the world's shadiest bank that allowed Sam Bankman-Fried's FTX to launder billions through Alameda Research? As SI has crashed by 90% from its year-ago share price, ZeroHedge continues to defend SI more aggressively than ever by saying, "Turns out the only exposure is in the other direction: the bank only has FTX deposits".
Take a look at SI's stock chart followed by all of the ZeroHedge tweets about SI: