KEY POINTS

  • Thousands of Americans will receive little or nothing from savings accounts that were locked during the collapse of fintech middleman Synapse.
  • Customers believed the accounts were backed by the full faith and credit of the U.S. government.
  • CNBC spoke to a dozen customers caught in the predicament, people who have lost sums ranging from $7,000 to well over $200,000.
  • While there’s not yet a full tally of those left shortchanged, at fintech Yotta alone, 13,725 customers say they are being offered a combined $11.8 million despite putting in $64.9 million in deposits.
  • whithom
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    6 hours ago

    Four? Hah… you make me laugh. He’s never leaving

    • CarbonIceDragon@pawb.social
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      6 hours ago

      He’s an old man. Unless anti-aging research unexpectedly advances several orders of magnitude faster than its been doing in the next few years, he’ll be leaving office one way or another.

      • whithom
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        6 hours ago

        His father made it to 93. So, he has 15 more years.

          • whithom
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            4 hours ago

            That is how that works. Genetics strongly influence factors like disease resistance, metabolism, and cellular repair, which contribute to a longer lifespan.And trump has easy access to cutting edge medicine.

            • kent_eh@lemmy.ca
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              4 hours ago

              Genetics strongly influence factors like disease resistance, metabolism, and cellular repair, which contribute to a longer lifespan

              A sedentary lifestyle, obesity and a diet heavy in hamberders and other crap food can more than offset that.

              • whithom
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                4 hours ago

                Regardless, he’s not close to death.

                • MutilationWave@lemmy.world
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                  2 hours ago

                  Have you seen him? That’s the best some of the top doctors can do with cutting edge drugs. I honestly doubt he makes it four years.

                  • whithom
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                    43 minutes ago

                    I hope you’re right, but I’ll take that bet.