BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank.
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank MMMF
- Post author:MiamiCrypto
- Post published:March 11, 2023
- Post category:blockfi / Blockfi Bankruptcy / Silicon Valley Bank / silvergate / SVB