Yotta promised its users their deposits were safe, just as if the money were in an FDIC-insured bank account. That proved to be disastrously wrong. After Yotta users’ funds were frozen in May ...

CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to ...

McWilliams said this case has been demoralizing for her, too. She explained that she was hoping the four Synapse partner banks (Evolve Bank, Lineage Bank, AMG National Trust Bank and American Bank) ...

October 6: Synapse confirmed that it had laid off 86 people, or about 40% of the company. That was just four months after the company had let go of 18% of its workforce as “the current ...

Synapse collapse left 100,000 Americans out of $90m. One woman had $280,000 disappear after the collapse of a fintech company. She only ended up getting $500 back .

Synapse, FTX, Binance — how many more fintech disasters can our system take? by Thomas P. Vartanian, opinion contributor - 07/25/24 12:00 PM ET ...

When it filed for bankruptcy in the spring, Synapse said it had only $2 million of cash on hand and owed multiples of that. ... they first have to figure out who has it.

Figure 2: Synapse-Specific Memory Erasure (IMAGE) Japan Science and Technology Agency ...

A Synapse contract that customers received after signing up for checking accounts stated that user money was insured by the FDIC for up to $250,000, according to a version seen by CNBC.