8min chapter

TFTC: A Bitcoin Podcast cover image

#522: Breaking Down The Synapse Bankruptcy with Jason Mikula

TFTC: A Bitcoin Podcast

CHAPTER

Uncertainty and Financial Shortfall in Synapse Bankruptcy

The chapter delves into the aftermath of Synapse's bankruptcy, exploring the $65-96 million shortfall in funds held by two banks, and the lack of trust in financial records. The discussion highlights broader industry challenges in banking, including issues with bank secrecy, anti-money laundering, third-party risk management, and regulatory changes on the horizon.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode