Technology

59596 readers

3235 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

[email protected]

281

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

submitted 1 day ago by [email protected] to c/[email protected]

81 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 9 points 1 day ago (1 children)

I am from the US and I have no idea what they are talking about here.

[–] [email protected] 2 points 1 day ago (1 children)

Me either, it sounds like it was a gambling site that encouraged large deposits and offered some sort of benefits for doing so. This seems extremely unethical, and should probably have been illegal based on gambling or banking rules.

[–] [email protected] 2 points 1 day ago

Apparently they weren't always a gambling site in the way that you see today, they switched over to this sometime in the last 2 years: https://www.youtube.com/watch?v=bBUkajbg688&t=119s