U.S. FDIC tells Signature Bank’s crypto clients to close accounts by April 5
(Reuters) – The U.S. Federal Deposit Insurance Corp (FDIC) has informed collapsed lender Signature Bank’s crypto clients that they have until April 5 to close their accounts and move their money. The deposits in question were not part of a rescue deal arranged with Flagstar Bank, a unit of New York Community Bancorp, earlier this month. “Flagstar’s bid did not include about $4 billion in deposits related to Signature’s digital-asset […]