85,000 Bank Customers Locked Out of Their Accounts


The fallout from Synapse’s bankruptcy has left 85,000 Yotta users locked out of $112 million in savings, exposing Yotta’s gross lack of risk mitigation. How could they allow their customers’ funds to be caught in a banking dispute between Synapse and Evolve Bank & Trust? This negligence has forced many to borrow for basic needs, plunging lives into chaos while regulators sit on their hands. Yotta’s founder, Adam Moelis, laments, “The stories are heartbreaking,” yet offers no solutions. This debacle is a harsh lesson: diversify your banks and diversify from banks. Holding physical assets like gold and silver is no longer optional—it’s essential.