"as safe as money in the bank" I think you're conflating these defi platforms as banks, they are not - they are risk ladden investment platforms as listed on t

"as safe as money in the bank" I think you're conflating these defi platforms as banks, they are not - they are risk ladden investment platforms as listed on the website itself... "2022 Voyager Digital, LLC. VOYAGER is a trademark of Voyager IP, LLC, a wholly owned subsidiary of Voyager Digital Ltd. All services provided by Voyager Digital, LLC, a FinCEN registered company. Investments are subject to market risk. NMLS ID: 1730854" I also don't see them saying they are a bank, anywhere on their about me investor page: "About Voyager Voyager Digital Ltd. is a fast-growing, publicly traded cryptocurrency platform in the United States founded in 2018 to bring choice, transparency, and cost efficiency to the marketplace. Voyager offers a secure way to trade over 100 different crypto assets using its easy-to-use mobile application, and earn rewards up to 12 percent annually on more than 40 cryptocurrencies. Through its subsidiary Coinify ApS, Voyager provides crypto payment solutions for both consumers and merchants around the globe." https://www.investvoyager.com/investorrelations/overview/ https://www.investvoyager.com/investorrelations/overview/ But I do see they link up instantly and have their own bank account setup under a "real bank" https://assets.investvoyager.com/5ykew4idKrAVhJIu https://assets.investvoyager.com/5ykew4idKrAVhJIu tl;dr don't call a bank, a bank when it never was a bank.