Signature Bank Crypto Clients Rush Against Time As FDIC Sets Deadline For Account Closure

Signature Bank Crypto Clients Rush Against Time As FDIC Sets Deadline For Account Closure


Bitcoinist
2023-03-29 12:20:34

Signature Bank has given cryptocurrency companies and depositors a deadline of April 5 to withdraw their funds, as their deposits were not included in a rescue deal recently arranged with Flagstar Bank. The Michigan-based bank, which is a subsidiary of New York Community Bancorp, agreed to purchase deposits and loans from Signature Bank earlier this