US FDIC tells collapsed Signature Bank's crypto clients to close accounts by April 5

US FDIC tells collapsed Signature Bank's crypto clients to close accounts by April 5

FILE PHOTO: Representations of cryptocurrencies plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

The U.S. Federal Deposit Insurance Corp (FDIC) has informed collapsed lender Signature Bank’s crypto clients that they have until April 5 to close their accounts and move their money.

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