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20 Million Fintech Depositors At Risk - Funds Frozen

May 18, 2024 - Known for their adverts of you can get your paycheck in Bitcoin, crypto onramp Juno now has all funds FROZEN. In the USA this past weekend, one of Synapse s c

A US Trustee wants troubled fintech Synapse to be liquidated via Chapter 7 bankruptcy, cites gross mismanagement

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to convert the company’s debt reorganization Chapter 11 bankruptcy into a liquidation Chapter 7, according to court documents.

Infighting among fintech players has caused TabaPay to pull out from buying bankrupt Synapse

Infighting among fintech players has caused TabaPay to pull out from buying bankrupt Synapse
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