• CthulhusIntern [he/him]
    ·
    2 years ago

    Lol, wtf? They aren't even insured? Pretty much any bank I could go to in my city is insured.

    • Posadas [he/him, they/them]
      hexagon
      ·
      2 years ago

      Majority of deposits were from startups and venture capitalist that kept most of their money in the one bank.

      So they'll get the FDIC $250,000.

      But anymore will have to come from the selling off of the banks assets.