> all of the deposits were insured There's no official accounting yet, but most ... | Hacker News

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		dragonwriter on March 10, 2023 \| parent \| context \| favorite \| on: FDIC Takes over Silicon Valley Bank > all of the deposits were insured There's no official accounting yet, but most accounts seem to estimate that a very large fraction are not, because of FDIC insurance limits.

ajhurliman on March 10, 2023 [–]

The accounts are still insured even if the insurance doesn’t cover 100% of the deposits

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