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To: stars & stripes forever

Just an FYI - that first line about the “Bank” is inaccurate. It’s not an official bank covered by the FDIC it was an application that was supposedly backed by banks who held the companies assets.

So it and several others were shell games from the start and once they went belly up there is no recourse for the “depositors”.

Would be the same as if Paypal went tits up and any balances at paypal (and yes people can keep balances there) were to suddenly disappear.


1,444 posted on 06/23/2024 8:09:21 AM PDT by reed13k
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To: reed13k

You’d think these types of ‘banks’ would be deemed illegal by the SEC.


1,445 posted on 06/23/2024 8:11:16 AM PDT by stars & stripes forever (Blessed is the nation whose GOD is the LORD. (Psalm 33:12))
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