“Megacorp learned nothing from Active Desktop being an utter fucking security disaster.” Yeah, no shit. Everything old is new again.

Originally, it was insured. Synapse changed to brokerage soon before they failed.

Synapse lied to the fintechs, too.

We’re not masochists, we’re just ruled by sadists.

They changed to a cash sweep / brokerage model (not FDIC-insured at the individual account holder level) like 6 months before the bankruptcy. End users had to click a consent checkbox or the like and probably thought nothing of it.

Fool me one time, shame on you

Fool me twice, can’t put the blame on you

Fool me three times, fuck the peace sign

Load the chopper, let it rain on you

I’ve never gotten food poisoning from them but lately it’s been the prices