How Many More FinTech Crack-Ups Can U.S. System Take?
U.S. financial disasters often emerge from overheated markets that become far too enamored with shiny new financial instruments. A
June 6 report by the trustee in the bankruptcy of the financial technology company Synapse tells just such a story — and should be seen as a warning about future financial crises driven by the exuberance over all things technology.
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