Bank of England to Place SVB UK Branch Into Bank Insolvency Procedure
Under the Bank Insolvency Procedure, bank liquidators will manage SVBUK's other assets and liabilities, with recoveries distributed to its creditors.
Cryptocurrency Exchange Bybit Does Not Have Any Exposures to Either Silvergate or SVB
Bybit or client fund does not have any exposures to either Silvergate or SVB. Please be reassured, business as usual.
