Will Silicon Valley Bank uninsured depositors recover at least 80% of their deposits within 1 month?
28
570Ṁ14k
resolved Mar 13
Resolved
YES

Resolves YES if uninsured depositors of Silicon Valley Bank recover at least 80% of their uninsured funds by April 10, 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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