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'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis (www.cnbc.com)

submitted 5 days ago by [email protected] to c/[email protected]

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CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to well over $200,000.

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[–] [email protected] 24 points 5 days ago (6 children)

Risky investment turns out to be risky. No one could have seen that coming.

[–] booly 18 points 5 days ago (1 children)

This isn't about shareholders being wiped out. It's about account holders of what they thought were bank accounts losing everything because their accounts were powered on the back end by a company they'd never heard of or directly dealt with.

[–] [email protected] 1 points 5 days ago

Scam bank sounded like a scam to begin with.

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