News for hackers. Stuff that matters.
Re:Yotta Bank and the Problem with Fintech (Patrick Boyle) [... by wat10000 on Monday December 02, 2024 @08:23AM (#42295945)
It’s not just a matter of tying depositors to their money. There’s something like $100 million that’s actually missing. It’s not clear whether it’s just a matter of finding the accounts or whether it’s actually been stolen somehow. Synapse managed the money. They say it’s with Evolve Bank & Trust, but Evolve says they don’t have it. It seems likely that it was moved and they just lost track, but that doesn’t seem to be entirely known yet.

There are no comments on this comment yet.