Will uninsured SVB depositors get all their money back by June 30?
Tech
PolymarketClosedCheck availabilityNo KYCVerified resolution dataWell calibratedThis market resolved: Yes
Resolved: Mar 14, 2023, 12:17 AM
Provider-verified resolution
CoinRithm has provider-backed winner and settlement-time evidence for this market.
Probability Timeline
Yes100%
No0%
YesWon
NoLost
Rules
With the closing of Silicon Valley Bank, all uninsured depositors will receive dividends as SVB’s assets are liquidated, until depositors are either made whole or all assets are depleted.
- It is reported that SVB’s assets exceed that of its deposits.
- This market will resolve to “Yes” if depositors are made whole - as in this case, receive dividends that total approximately the same amount that they had deposited in SVB at time of failure, by June 30, 2023, 11:59:59 PM ET.
- If uninsured depositors are made whole via any other method (i.e. government bailout, merger or acquisition, etc.), this market will also resolve to “Yes.”
- If depositors are not made whole by June 30, 2023, the market will resolve to “No.”
- The resolution source will be the FDIC, other government-related entities direct reporting, and SVB direct reporting.
