Keep your money in a bank and basicly they owe you a debt. If the bank goes belly-up, you stuck hoping FDIC insurance covers you.

Not your keys, not your coins. If one has significant savings in bitcoin, one needs to hold the private keys oneself, not trusting any third-party like Coinbase or a bank. Ideally in a geographically distributed multisignature setup to mitigate against loss, user-error, or theft.

Do we know if the OP's 96k was coins sitting on Coinbase, or if he had a linked bank account and the attacker used the SIM card swap attack via Coinbase to drain his bank account?