Time to fire the compliance and/or risk officer. This was risk they must have accepted but now crying wolf? I mean this was something they should have thought off
I remember reading about this casino style savings account, perhaps three years ago, and ultimately just thinking to myself "if you have to play lotteries to incentivize gamblers to keep money in their accounts, the bank probably has a lot of less-than-ideal customers."
>something they should have thought off
Seems like their startup should have been focusing more on back-end redundancy.
Of course. Little to no comments here. If this was a crypto meltdown, the entire comments section would fill up faster than a bank run.