this post was submitted on 22 Nov 2024
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'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis (www.cnbc.com)
submitted 4 days ago by [email protected] to c/business
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[–] Anticorp 2 points 2 days ago (1 children)

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

[–] [email protected] 2 points 2 days ago (1 children)

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

[–] Anticorp 2 points 2 days ago (1 children)

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

[–] farcaster 2 points 1 day ago (1 children)

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

[–] Anticorp 2 points 1 day ago (1 children)

Sad but true. Queue Metallica solo.

[–] farcaster 2 points 1 day ago (1 children)

... And Justice For All

[–] Anticorp 2 points 1 day ago

Don't tread on me!