Will uninsured SVB depositors get all their money back by June 30?
Tech
PolymarketClosedCheck availabilityNo KYC2% feeVerified resolution dataFairly 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.
Current implied probability
Yes 100%
Market quality
15 / 100
Low quality24h Volume
—
Liquidity
—
Liquidity unknownMarket data
Updated 123 days ago
StaleMar 10, 23, 12:00 AMJun 30, 23, 12:00 AM
Probability Timeline
Yes100%
No0%
100%
0%
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.
