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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    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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        51 minutes ago

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