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11min chapter
#522: Breaking Down The Synapse Bankruptcy with Jason Mikula
TFTC: A Bitcoin Podcast
The Synapse Bankruptcy and Fallout with Evolve Bank
This chapter explores the complicated situation involving Synapse, Evolve Bank, and other banks in the banking as a service sector, covering the history of Synapse, its bankruptcy, failed acquisition deal, and disagreements with Evolve Bank resulting in funds frozen for various FinTech companies and end-users.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode