For unsuspecting depositors of online financial start-ups, the unraveling of a little-known intermediary has separated them from their life savings. Banking and Financial Institutions, Regulation and Deregulation of Industry, Assets, Frozen, Bankruptcies, Federal Deposit Insurance Corp, Evolve Bank & Trust, Synapse Technology, Yotta Technology For unsuspecting depositors of online financial start-ups, the unraveling of a little-known intermediary has separated them from their life savings. NYT > Business
Synapse Bankruptcy: When a Fintech Isn’t a Bank and Savings Accounts Are Frozen
