Crypto-friendly bank Silvergate Bank will wind down operations in an orderly and voluntary manner in accordance with applicable regulatory procedures, including full repayment of all deposits, and is also considering how best to resolve claims and protect the residual value of its assets, including its proprietary Technology and tax assets. Its general Centerview Partners LLC served as financial advisor, Cravath, Swaine & Moore LLP served as legal advisor, and Strategic Risk Associates provided transition project management assistance. In addition to Silvergate Bank's decision to cease the Silvergate Exchange Network (SEN), all other deposit-related services remain operational while the company is being wound up.