Will Silicon Valley Bank depositors recover at least 50% of their uninsured deposits by end of Monday?

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resolved Mar 13

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Resolves YES if depositors of Silicon Valley Bank recover at least 50% of their uninsured funds by March 13, 11:59:59 PT, according to official announcements or reporting by reliable media publications. Otherwise NO.

Context: Silicon Valley Bank was closed Friday morning by state regulators and put under the control of the FDIC, after a bank run and capital crisis.

https://www.cnn.com/2023/03/10/investing/svb-bank/index.html

https://www.fdic.gov/news/press-releases/2023/pr23016.html

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#Silicon Valley Bankruptcy (SVB)

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Resolves YES. https://home.treasury.gov/news/press-releases/jy1337 "Depositors will have access to all of their money starting Monday, March 13." and reporting from today indicates that they are indeed processing withdrawals.

be VC
have 300b in dry powder
whine about how tech will collapse if 5% haircut on cash kept at one reckless bank

https://www.reuters.com/business/finance/silicon-valley-bank-deposits-be-available-monday-us-officials-2023-03-12/

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