Re:(FinTech) Synapse has collapsed, 10M consumers, 100s of f...
by BugsJustFindMe on Sunday May 26, 2024 @01:30PM
(#40483879)
> As of right now, there is no indication that any customer money is missing.
I haven't been following this very closely, but the last I heard the problem was that they had no records of how much money should go to each customer. Even if all the money is there, it's in a big pool all together, and you can't get it back if you can't prove how much of the pool is yours.
I haven't been following this very closely, but the last I heard the problem was that they had no records of how much money should go to each customer. Even if all the money is there, it's in a big pool all together, and you can't get it back if you can't prove how much of the pool is yours.