Official Etsy statement sent to creators owed money.

I use Etsy quite a bit and have gotten most of my accessories from there so I find this a bit troubling. They are literally having issues paying the sellers due to having money tied up in Silicon Valley Bank; a bank that has just gone under. I’m not buying anything more from there until they have this figured out and can pay creators what they are owed. I will give updates if I see anything further about this. EDIT: Apparently the FDIC is covering the money that businesses have in this bank so that said companies have access to that cash. This means Etsy can pay the money they owe sellers. At least in theory they can, which is a good thing. Nobody knows exactly how all of this is going to pan out so stay tuned.