03-12-2023, 09:24 AM
Filing shows BlockFi has uninsured $227M in Silicon Valley Bank fund
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvOWMxZWNlYWEtOTdhZC00MWI0LThjZjMtNjQxZDM1ZjEzZGVkLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/filing-sh...-bank-mmmf
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDMvOWMxZWNlYWEtOTdhZC00MWI0LThjZjMtNjQxZDM1ZjEzZGVkLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/filing-sh...-bank-mmmf