This morning, it’s been announced that the FDIC has taken control of the deposits in Silicon Valley Bank. As of today, Friday, customers are not able to access their accounts.
This morning, it’s been announced that the FDIC has taken control of the deposits in Silicon Valley Bank. As of today, Friday, customers are not able to access their accounts.
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URGENT: The FDIC Has Taken Control of ALL DEPOSITS at a Large Bank - Activist Post
This will not only affect depositors, but also those with loans and credit lines through SVB.
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