This is completely false and, to borrow from Matt Levine, definitely securities fraud. This is crypto Twitter excited to find some reason to justify digital as

This is completely false and, to borrow from Matt Levine, definitely securities fraud. This is crypto Twitter excited to find some reason to justify digital assets as an alternative store of value, and then trying to bolster it by causing panic at another bank. Either that, or as another poster said, forcing the hand of the Fed to bail out SVB.