Re:Binance Acquires FTX
by mrep on Tuesday November 08, 2022 @07:24PM
(#33526089)
And FDIC to de-risk customers from feeling they need to do a bank run.
[ Parent
| on HN ]
Re:Binance Acquires FTX
by oldgradstudent on Tuesday November 08, 2022 @08:05PM
(#33526375)
To a large extent, but not completely.
Anyone who has more than the insured amount, or anyone who needs their money in the near future will still engage in a run.
There were several runs during the 2008 crisis, the most famous is the run on IndyMac Bank.