Huge happenings in the crypto space and no one is hardly talking about it
Synapse who processes transactions for 100’s of crypto apps has filed for bankruptcy and all the users funds have been locked up for weeks, involving Evolve Bank and Trust. https://www.forbes.com/sites/emilymason/2024/05/21/employee-warns-court-that-bankrupt-synapse-isnt-taking-steps-to-orderly-wind-down/?sh=4cb8d1227658&utm_source=ForbesMainTwitter&utm_campaign=socialflowForbesMainTwitter&utm_medium=social In this urgent update, we delve into the shocking collapse of Synapse Financial Technologies and its devastating impact on up to 20 million fintech customers. …