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FDIC resolution transactions division is doing it's job. They aren't fucking around. Monday - $250k unfrozen Wednesday or Thursday a huge amount of funds will
by fdsfsad 4y ago
FDIC resolution transactions division is doing it's job. They aren't fucking around.
Monday - $250k unfrozen
Wednesday or Thursday a huge amount of funds will be unfrozen from proceeds from FDIC big selloff of SVB assets yesterday.
Balance should be available in 2-3 months but will require a process.
This isn't going to be the big catastrophic event YC are pushing.
Although I do understand the fear.