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Federal authorities are seriously considering safeguarding all | CryptoVigilante News

Federal authorities are seriously considering safeguarding all uninsured deposits at Silicon Valley Bank, weighing an extraordinary intervention to prevent what they fear would be a panic in the U.S. financial system, according to three people with knowledge of the matter, who spoke on the condition of anonymity to describe private deliberations.

https://www.washingtonpost.com/us-policy/2023/03/12/silicon-valley-bank-deposits/