BlockchainCrypto

SoFi Says Crypto Vendor Issue Is Delaying Deposits and Withdrawals

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 05/11/2026, 17:12:24 UTC.

Briefings

SoFi reported that crypto vendor issues are causing delays in both incoming and outgoing transfers, with customers assured that their funds remain secure during the review process. The bank stated that incoming transfers are awaiting review while outgoing transfers will be processed after review, though specific timelines for resolution were not provided in the source.

Key points

• SoFi reported that crypto vendor issues are causing delays in both incoming and outgoing transfers.
• Customers are assured that their funds remain secure during the review process.

Context

SoFi reported that crypto vendor issues are causing delays in both incoming and outgoing transfers, with customers assured that their funds remain secure during the review process. The bank stated that incoming transfers are awaiting review while outgoing transfers will be processed after review.

Limitations

Specific timelines for resolution were not provided in the source. The evidence is limited to the bank's statement regarding the cause of delays and the security assurance, with no details on the duration of the delay or the specific vendors affected.

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