this post was submitted on 22 Nov 2024
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[–] rc__buggy@sh.itjust.works 9 points 3 months ago (1 children)

credulity. Here in the US we are well insulated from financial scammers, with the exception of fintech. When the average consumer sees FDIC they assume they are covered. Insane that $50m has evaporated. Fintech bros are the worst.

[–] Anticorp 2 points 3 months ago (1 children)

Wait, they advertised as FDIC insured and weren't?

[–] rc__buggy@sh.itjust.works 2 points 3 months ago (1 children)

Yeah. Said the money was in FDIC banks. Maybe it was, for a minute.

[–] Anticorp 2 points 3 months ago (1 children)

Okay, that's a crime. Someone better go to prison.

[–] farcaster 2 points 3 months ago (1 children)

They stole from the non-wealthy. Slap on the wrist, if anything.

[–] Anticorp 2 points 3 months ago (1 children)

Sad but true. Queue Metallica solo.

[–] farcaster 2 points 3 months ago (1 children)
[–] Anticorp 2 points 3 months ago

Don't tread on me!