universeodon.com is part of the decentralized social network powered by Mastodon.
Be one with the #fediverse. Join millions of humans building, creating, and collaborating on Mastodon Social Network. Supports 1000 character posts.

Administered by:

Server stats:

3.7K
active users

Learn more

⚯ Michel de Cryptadamus ⚯

@JessTheUnstill interesting fact: the partner bank where all these issues are stemming from, Evolve Bank & Trust, has a bunch of fun properties:

1. Issuer of the debit card
2. Used by George Santos and Andy Ogles to store campaign funds
3. Banking partner of , the Nevada crypto custody company that collapsed in 2023
4. Banking partner of , one of the crypto "banks" that went down with the good ship FTX.
5. Recently hacked by Russians
6. Recently hit with a major fed enforcement action

Also Synapse was backed in a big way by Trump loving and Marc Andreessen.

Some more details:

fintechbusinessweekly.substack

Fintech Business Weekly · Evolve Hit With Fed Enforcement Action, But Why Did It Take This Long?By Jason Mikula
Nov 25, 2024, 01:54 · · · 0 · 2