Day: June 25, 2026💾
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“And the gargoyles only sit and grieve
“And the gargoyles only sit and grieve
The gypsy fortune teller told me that we’d been deceived
You only are what you believe”
When a Fintech Isn’t a Bank and Savings Accounts Are Frozen – The New York Times
Synapse Bankruptcy: When a Fintech Isn’t a Bank and Savings Accounts Are Frozen – The New York Times
For close to a century, putting your savings into a federally insured bank has been a sure thing: If the institution fails, up to $250,000 of your money will be protected.
The promise of bank insurance — a tenet of U.S. consumer protection since the Gre