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#yotta

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oh look, another #fintech bankruptcy involving Evolve Bank & Trust.

some other fun places Evolve has popped up:

1. issuer of #FTX and #BlockFi debit cards (before those companies blew up and customers lost all their money)
2. #GeorgeSantos and #AndyOgles held their campaign money at Evolve
3. #Synapse bankruptcy which cost customers of a bunch of fintech "banks" like #Yotta most if not all of their money
4. Partnered with "anti-woke" fintech #GloriFi
5. Got hacked by Russia midway through Synapse bankruptcy proceedings
6. Anonymous crypto debit card issuer for #ZELF
7. Frequently found to be the bank used by #pigbutchering fraudsters
8. Sanctioned by federal reserve for #moneylaundering

The fact that Evolve has not been shut down is insane. Banking system cannot survive if these kinds of bad actors roam free like the wind.

* more on Evolve: fintechbusinessweekly.substack
* even more: fintechbusinessweekly.substack

🚨 owner of the #LATimes just invited the king of the crypto bros #MarcAndreessen, a man whose VC fund #a16z has backed innumerable scams in all shades of fraud (see: #Yotta and #Synapse most recently) in addition to companies that facilitate incredible amounts of Russian #moneylaundering to join the editorial board.

#KleptocracyIsComing

tweet: x.com/DrPatSoonShiong/status/1
more on a16z: cryptadamus.substack.com/p/of-

andreessen spewed so many outright lies on #JoeRogan a few weeks ago that it kind of spawned an entire cottage industry of line by line takedowns of his bullshit: universeodon.com/@cryptadamist

seems like the kind of guy #journalism needs right now