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https://www.wsj.com/articles/these-svb-depositors-got-burnednow-theyre-fighting-back-ee43553

These SVB Depositors Got Burned—Now They’re Fighting Back

Cayman Islands account holders lost their deposits but are still expected to pay back their loans

By

Frances Yoon

June 23, 2023 6:52 am ET

Here’s how the FDIC works and why it was created. Photo illustration: Madeline Marshall

Silicon Valley Bank customers whose deposits were seized by U.S. authorities after the lender’s collapse are fighting back.

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Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved.

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.