BOMBSHELL EXPOSED: FINTECH "SYNAPSE" PLUNGE into Bankruptcy, Freezing Customers Out of $96M – Senators Join the Fury!
The so-called "synapset of trust" in banking-as-a-service (BaaS) companies has come crumbling down with Synapse, the fintech upstart backed by a16z and Andreessen Horowitz, teetering on the brink of total collapse.
But don’t call it a simple bankruptcy – Senators are piling on the outrage, urging the very same "masters of the fintech universe" – the companies, investors, and even employees – responsible for Synapse’s demise to pony up and RESTORE CUSTOMER ACCESS to THEIR OWN FUNDS! A staggering $96M to be precise.
The plot thickens as authorities are probing claims of Gross Mismanagement and poor controls – a scathing indictment that would make even the most brazen among us pause for a second. And you can bet we’re digging up more – stay tuned, folks!
These Senators have NOT held back, lacing into both the "haves and the have-nots" responsible for the situation, including partners Evolve Bank & Trust and former CEO Sankaet Pathak.
You Better Bet You’re Filing a Class-Action Suit by the Week’s End… OR ELSE!
The whole country is waiting for answers on Synapse, including the FDIC. The government can’t – AND WON’T – leave them high and dry. FIGHT ON!
Synapse: Another Fintech Trainwreck – The Sequel!
