CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to well over $200,000.
CNBC spoke to a dozen customers caught in the Synapse fintech predicament, people who are owed sums ranging from $7,000 to well over $200,000.
The FDIC coverage wouldn’t be what they would be worried about. They wouldn’t have their accounts much above FDIC limits.
My point is that the FDIC serves to prevent a banking crisis that would limit their ability to liquidate their assets and realize their wealth
Ah gotcha, that makes sense. Thanks.