As we now know the shareholders and creditors other than depositors will take the hit.
And similar action was taken for Signature Bank in NY which was part of the crypto debacle.
Appears all have been restored as of this morning, Monday.
@miss_sunshine and all affected sellers, I’m so sorry that this delayed your disbursements. That is not fair, but my understanding is that etsy has found workarounds and your disbursements are coming “soon”.
In the meantime, this topic has veered a bit too much into talking politics without “talking politics.” Politics is a forbidden discussion subject on SAS, and we take this prohibition seriously. Therefore, we will be closing this topic and removing some off-topic replies.
Please flag this post for a moderator to reopen the topic if there are updates beyond the current resolution.
Again, I am so sorry for the sellers who had to deal with this, despite doing everything correctly. This is a powerful lesson in how seemingly “long ago and far away” decisions can seriously disrupt the lives of real people, without warning. 
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