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Synapse bankruptcy trustee says $85 million of customer savings is ...


Synapse bankruptcy trustee says $85 million of customer savings is ...

There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to ...

Synapse Bankruptcy Trustee Finds $85M 'Shortfall' Amid Accounts

Court filings in Synapse's Chapter 11 bankruptcy case indicated how complex finding a “missing” $85 million will be.

Synapse trustee McWilliams finds $85M gap in frozen funds

Customers of bankrupt fintech middleman Synapse's partner banks are owed $85 million more than what's being held for them in those banks ...

Jelena McWilliams finds $85 million missing in Synapse fiasco

McWilliams said that Synapse apparently commingled funds among several institutions, using multiple banks to serve the same companies. What is ...

Trustee says $85 million of customer savings is missing : r/Sololender

Synapse bankruptcy: Trustee says $85 million of customer savings is missing · Comments Section · Community Info Section · More posts you may like.

Synapse Trustee: $85M Gap Vs. What Depositors Are Owed

Synapse's End Users Owed $265 Million — But Banks Only Hold $180 Million, According To Chapter 11 Trustee.

CNBC on X: "Synapse bankruptcy trustee says $85 million of ...

Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown https://t.co/B6Hg1vXOYO.

'I'm left with nothing': Life inside the Synapse collapse

Customers caught up in the Synapse bankruptcy are met with deafening silence from Washington as they discover their savings — or what is ...

Synapse bankruptcy trustee says $85M of customer savings is missing

Contrast this with SVB failing and uninsured accounts (over $250k) being made whole. Well, they were not insured so whatever FDIC did was an exception. But I ...

Synapse bankruptcy: Yotta CEO says 85,000 bank accounts locked

For three weeks, 85,000 Yotta customers with a combined $112 million in savings have been locked out of their accounts, CEO and co-founder ...

Synapse bankruptcy trustee says $85 million of customer savings is ...

Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown ... (CNBC) Customers of fintech firms that used ...

Jason Mikula on LinkedIn: Why the current lull in the Synapse ...

Synapse bankruptcy trustee, former FDIC Chair McWilliams, says in first status report that there's an $85 million shortfall vs. what end ...

Synapse Bankruptcy: $85M in Customer Funds Missing ... - YouTube

The bankruptcy has revealed a staggering $85 million in customer funds that are unaccounted for, with Synapse's ledgers not matching those ...

Synapse's collapse has frozen nearly $160M from fintech users

... $85 million in Synapse's customer savings. Fallout continues, more ... Synapse files for Chapter 11 bankruptcy, assets to be sold off for $9.7 ...

Synapse bankruptcy trustee says $85 million of ... - Ground News

There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are owed, according to the ...

Jim Bray on LinkedIn: Synapse bankruptcy trustee says $85 million ...

Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown This is a good example of not having a third party audit ...

Synapse Bankruptcy Update: Trustee Claims $85M of Customer ...

Synapse bankruptcy trustee revealed that $85 million in customer savings are missing ... However, she said the bank only had $180 million ...

Synapse bankruptcy trustee says $85 million of customer savings is ...

Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown. Story by Hugh Son. • 5mo5mo. There is an $85 million shortfall ...

Synapse, FTX, Binance — how many more fintech disasters can our ...

But according to the trustee's report, around $85 million disappeared somewhere between the fintechs' and the banks' ledgers. Echoing criticisms ...

Synapse Bankruptcy, A Wake-Up Call for Banking-as-a-Service

Bankruptcy court filings paint a picture of missing customer funds and unreliable record-keeping by Synapse. The court-appointed bankruptcy ...