Savings app CEO says 85,000 accounts locked in fintech meltdown

cnbc.com

7 pointsbryan02 comments

“We never imagined a scenario like this could play out and that no regulator would step in and help,” he said.

Hoo boy.

am i mistaken here thinking Yotta founder is headed for prison or will be fighting civil/class action lawsuits for the next decade ?

I think confidence in fintech is shaken significantly since Wise fiasco. Now Yotta (YC company) is the nail in the coffin.

There is simply no way that US Banking cartel would allow a few group of people to get rich by the simple grace of knowing Perl language