I think we can rebuild. But it’s going to be a tough slog. I am definitely deeply distressed by all this. But I am not dissuaded from the belief that we can recover.

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Definitely agree, I don’t think we’re screwed, but I think we’ve finally, officially, reached the “then they fight you” phase of bitcoin.

I think you might be right!

Super important that we fight back by stacking more sats.

Isn’t the FDIC just reimbursing the digital asset deposits?

Probably after liquidating everything in a fire sale?

Flagstar Bank's bid did not include approximately $4 billion of deposits related to the former Signature Bank's digital-assets banking business. The FDIC will provide these deposits directly to customers whose accounts are associated with the digital-asset banking businesses. Questions may be directed to (866) 744-5463.