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 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. You Might Also Like California Pulls Blockfi’s Lending License, Slaps Fines After Regulatory Breach November 9, 2024 What is driving institutions to invest in crypto? BlockFi’s David Olsson explains April 18, 2022 Breaking: USDC slowly repegs on unconfirmed reports of SVB resolution March 11, 2023