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Synapse-Connected Banks Reportedly Closer to Releasing Customer Funds

July 11, 2024
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Synapse-Connected Banks Reportedly Closer to Releasing Customer Funds

July 11, 2024
Banks connected to the collapse of Synapse are reportedly close to recovering customers’ frozen funds. These banks have made progress in putting together account information for those customers, which could mean their funds being released within weeks, CNBC reported Thursday (July 11), citing a source briefed on the matter. Staff from Evolve Bank & Trust and Lineage Bank have in particular had success […]