Which banks are in trouble at the moment?
Most bitcoin exchanges have exposure to these banks that are failing.
Withdraw any bitcoin you have on exchanges ASAP.
Simple self custody guide: https://werunbtc.com/muun
More secure cold storage guide: https://werunbtc.com/coldcard
Discussion
The four main banks of bitcoin and “crypto” are Silvergate, Signature, Prime Trust, and Silicon Valley Bank.
Silvergate and SVB have already stopped withdrawals and are going through liquidation. More banks will go down here. None of them have sufficient reserves to meet withdrawals.
