# Synapse bankruptcy: Thousands of Americans see their savings vanish

<https://www.cnbc.com/2024/11/22/synapse-bankruptcy-thousands-of-americans-see-their-savings-vanish.html>

- Host: [cnbc.com](https://links.thingelstad.xyz/hosts/cnbc.com/)
- Saved: November 24, 2024 (2024-11-24T14:47:54Z)
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## What Jamie wrote

Whether it is traditional finance or crypto we certainly need more innovation in financial services, but we also need to make sure that the risk associated with that innovation is understood and contained.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT303: Weekly Thing 303 / Petnames, Synapse, jless](https://weekly.thingelstad.com/archive/303/), Briefly

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://www.cnbc.com/2024/11/22/synapse-bankruptcy-thousands-of-americans-see-their-savings-vanish.html