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Does this mean that depositors have lost access to their funds until the bankruptcy process, with the exception of $250k which will be available on Monday?
by benjaminwootton 4y ago
Does this mean that depositors have lost access to their funds until the bankruptcy process, with the exception of $250k which will be available on Monday?
- NordSteve 4y agoThat is correct.
- FireBeyond 4y agoTechnically yes, but the FDIC is also working to release as much uninsured funds as possible as an "advance dividend".