Customers that banked at SVB’s offshore tax heaven Cayman Islands branch had their funds (13.9 Billion) seized by the FDIC

They've been quite clear the Cayman accounts weren't covered…and why WOULD they be? FDIC is federal insurance…not foreign account insurance. pic.twitter.com/5xpgVRSdpf — NonnyLynda (@NonnyLynda) April 2, 2023 https://twitter.com/_/status/1658791388593389571 https://twitter.com/_/status/1658621262384730112 h/t inna

In Russia, Metro Customers Pay With Their Face

Starting in January 2023, the Moscow Metro in Russia will expand its biometric payment service to 330 more turnstiles through the Face Pay system, making journeys more “convenient” for passengers but also more privacy-invasive. https://reclaimthenet.org/russia-expands-invasive-biometric-pay-technology-on-metro/

Wisconsin’s ‘We Energies’ Company Warns Customers to Lower Thermostats to 60 Degrees After Natural Gas Pipeline Malfunction as Subzero Temperatures Hit State

Wisconsin Energies (WE Energies) asked customers on Friday to immediately lower their thermostats to 60 to 62 degrees on Christmas Eve. The gas company is experiencing a significant failure in equipment that is limiting the amount of fuel it sends to its …

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The VC-funded app “Stablegains” is being sued for losing $42 million from 4,878 customers. They promised 15% APY and achieved this by putting all of their customers’ funds into the 20% APY Anchor Ponzi as UST.

by POTATO_IN_MY_LOGIC These guys are in deep trouble – they lost about $42m in funds from 4,878 customers and probably have no way to pay it back (they're a small startup) because they went all in on Anchor's invincibility. Conviction bets …

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New disclosure in $COIN (Coinbase) 10-Q: “In the event of a bankruptcy…..customers could be treated as our general unsecured creditors.”

New disclosure in today's $COIN (Coinbase) 10-Q: 👀 "In the event of a bankruptcy…..customers could be treated as our general unsecured creditors." 🚩🚩🚩 🚨Get your #Bitcoin off exchanges.🚨 pic.twitter.com/KDBiAvYcog — Sophia Zaller (@sophiamzaller) May 10, 2022   Coinbase earnings were …

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