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'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis

By Yahoo! Finance   |   Nov 22, 2024 at 05:35 PM EST
'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis

Thousands of customers, like Morris, have been left shortchanged by fintechs like Yotta. Despite promises of FDIC-insured accounts, many are struggling to recover their deposits. Regulators have been hesitant to intervene, leaving customers with few options for recourse.

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