SoFi Says Crypto Vendor Issue Delaying Deposits and Withdrawals

The notable point is that a bank's crypto rail, not the crypto market itself, is the point of failure here, and the delay is framed as a review process rather than a loss. That distinction matters for customers who treat SoFi's crypto transfers as routine cash movement, since held-up deposits and withdrawals can disrupt liquidity even when funds are described as secure. The open question is how quickly the vendor issue is resolved and whether the review backlog clears without further friction for affected users.