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'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis (www.cnbc.com)

submitted 21 hours ago by shoulderoforion@fedia.io to c/technology@lemmy.world

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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.

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[–] prettybunnys@sh.itjust.works 6 points 5 hours ago* (last edited 5 hours ago) (1 children)

We have a fantastic medical system if you are poor in a state that funds it’s Medicaid system well OR wealthy enough to not be burdened by the cost of medical care.

[–] Crashumbc@lemmy.world 5 points 4 hours ago (1 children)

To be fair, being poor only works if it is a clear cut life threatening issue. Otherwise, they treat and street you...

[–] prettybunnys@sh.itjust.works 1 points 3 hours ago* (last edited 3 hours ago)

My statement about being in a state that funds Medicaid properly is true.

In Maryland Medicaid is actually decent coverage, meaning you ought to be able to get covered. I was laid off and the state automatically gave me Medicaid. It covered everything my previous insurance did, no hoops to jump through.

My son was even assaulted and ended up in the hospital during this time, no hassles re: having Medicaid.

In Virginia … you’re fucked.