In my understanding all accounts up to insured limit will get paid Monday. everything else is going to have to file a claim which could take a long time to resolve.
Seems like about 8% their assets will be locked up / at risk. For a company that promises to have 100% of assets backed up / readily accessible, I wouldn’t be surprised if this triggers a run.
Seems like about 8% their assets will be locked up / at risk. For a company that promises to have 100% of assets backed up / readily accessible, I wouldn’t be surprised if this triggers a run.