The taxpayer won't bear the burden, at least theoretically. The money still exist in the form of bonds which are not liquid right now. The FDIC will provide the

The taxpayer won't bear the burden, at least theoretically. The money still exist in the form of bonds which are not liquid right now. The FDIC will provide the liquidity so one of the most important sector of the us economy doesn't implode. This is not the same situation as FTX