FDIC excluded ~$4B crypto deposits from the sale.
Signature Bank’s digital-asset deposits were excluded from the FDIC sale package, causing its crypto settlement platform to disappear.
Signature Bank is presented as another structural example of crypto payment rails getting cut off. The video claims the FDIC carve-out excluded approximately $4 billion in deposits tied to the digital asset business, and that the real-time settlement platform vanished overnight.
"The Secret Fight To Keep Crypto Out"