FDIC gives Signature’s crypto clients account deadline

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FDIC gives Signature’s crypto clients account deadline
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Customers who had crypto deposits at Signature Bank have been issued a deadline to close the accounts and move their money.

Customers who had deposits at Signature Bank are facing a deadline concerning their crypto assets. has told crypto clients with deposits at the failed bank that they are facing a deadline to close their accounts and move their money, according to Bloomberg.

But that deal didn't include about $4 billion of deposits related to Signature’s digital-assets banking business, according to the FDIC. "We are reaching out to the depositors from Signature whose deposits were not included in NYCB’s bid," an FDIC spokesperson told Bloomberg.

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