EARLY ACCESS - THE BANK THAT WON'T LET YOU WITHDRAW
🕑 Added 2025-03-28 13:00:21 +0000 UTCThis investigation into a massive banking failure has taken MONTHS and at times things seemed so helpless that I nearly gave up.
The victims kept me going. They trusted FDIC insured banks to keep their money safe but now some of them find their money has vanished. Up to $96 million dollars may be missing, and I tried to get to the bottom of it.
Enjoy.
Comments
Kaushik Venkatasubramaniyan
Great work Coffee. Hope this shakes up the "not a bank" banks & their depositors get their money back.
Logan James
Maxwell won't be happy when he sees you going somewhere other than Balmer's peak But in all seriousness, I love how it looks, Ed killed it!
Mike Baumgardner
shamefully parroting Stefan above (but worth it because of Stefan's accuracy): Please don't lose faith in goodness and justice. We need these videos to have hope that a corrupt system will hopefully end after 4 years.
Connor McClosky
If you've heard of acorns or even cashapp somewhat, this is like that except apparently super shady. I've used acorns for years now because of their slightly higher than average interest rates for savings accounts and basically zero account fees whatsoever. So those are some of the benefits.
pi
Coffezilla team: thank you for the highlighter Foley - soooo satisfying!
Stefan
Wow, the Coffeezilla universe continues to evolve! The production quality, the storytelling is sooo unbelievably good. It puts 99% of all TV programmes and other media formats in your pocket and probably at a fraction of the cost. Just seeing the pictures is pure pleasure! Well done, Coffee! And one more postscript. Please don't lose faith in goodness and justice. We need these videos to have hope that a corrupt system will hopefully end after 4 years.
Ron McKinnon
Not sure if this is an option for you, what I do is plug my phone into the TV with a HDMI adapter.
Kenneth Cadieux
Omg- wrf? I don’t think I understand the advantage of switching to this type of service but fuck- that’s a lot of money.
Chase Curtis
My SO is a victim. Thanks for bringing awareness to this.
K Marie
Thank you for sharing the stories of the victims who've been let down on every level in this case. Crime may be legal now, but integrity will only truly lose if we stop speaking out and drawing attention to these issues. Thank you for doing what you do!
Firedigger
I guess Fed is still working for the people after all, which is uncommon within the new US administration
Steve
I used to be a Yotta customer. When they went from "prize-linked savings" to their current "unregulated online casino", that's when I head for the door. I didn't know about all this shenanigans until it all fell apart and went public.
Eliott Fournet
Hey Stephen, after hearing in your latest voidzilla video that you’ve been a bit down lately due to the rampant corruption in the US and apparent collapse of the rule of law regarding the types of scams you usually uncover, I just wanted to tell you that in my view the legality or not doesn’t mean the economics of these scams stop being off (and the 30’s is a good example how economics always catch them) and therefore people like you continuing their jobs is more important than ever. Even though scam companies get to not face legal consequences, the fact that more and more collapse because of this very fact leads inevitably to people realising that they need to be more aware of them, and that’s why your work is so important. I expect investors to get more and more picky about where they invest BECAUSE they are aware they can get scammed blatantly and no one will save them, which at the end of the day is a good thing, please please continue your work to make everyone aware and hopefully people finally realise they can’t give their trust to anyone without doing some serious research first. I do think simple economics will play their role fully here eventually.
Steve
I'm sure the same thing will not happen with Robinhood Banking, despite them doing the exact same thing as Yotta.
Steve
Congratulations on the Coca-Cola sponsorship! Meanwhile, the former CEO of Synapse is off on his next grift with the $96 million misappropriated from customers.
Zala
love the discord diner
JBones RVA
I wish these were posted as unlisted YouTube videos so I could watch then on my TV lol
Penga_(Lv)
Damn I don't know what to say that's crazy
MIKΞL
Wow, this is wild. Thanks Coffee
Ovidiu
your research is fantastic and the cinematography on this video is great!
Matt D
As coffee says, crime is legal now, sad
Lars W
A third party company advertising fdic protection given by a first party bank should be fundamental illegal as false advertising.
Jonah Waldron
U help me sleep at night 👍
Michael Gene Sullivan
So Yotta is just off the hook because they were not really a bank? The dishing around of all this money - which is now disappeared - is bad enough, and knowing that banks can suddenly "find" money is the sort of criminal crap we should expect from fraudsters, but that there is not actual money trail, and that all the Yotta slime get away scot-free with whatever they skimmed off the top should break people's faith in the internet. I just figure the Yotta folks are on beach in the Caymans, thinking up their next scam.
Cam
Great video as usual You should create higher support tiers
Jondeau Kassim
This is why I invest in you ❤️
Ada MC
I recall when you first reported about Yota. It's disappointing and sadly unsurprising that it is still unresolved. As a completely separate comment, it is heartening to see how long the patreon list at the end has gotten.
Alex Burka
Watch the previous video on this for more. FDIC says "not our problem the bank is still solvent"
uya
dumb question but if theyre FDIC insured cant customers take it up with the FDIC?
Dennis Fahey
Deregulation is coming. Deep cuts to oversight and enforcement. If you read Project 2025, some of which is implemented by Executive Order, the CFPB (which had FDIC in it) is gutted. There are so many FINTECHs - good luck policing them all.
Alexander Bartucca
What do you really expect. The average IQ is like 100 so you have a significant portion of people with 70-90 IQ which means they can barely understand some of these concepts
Aaron Woo
Here before someone with Washington's ear attempts to send Coffee to El Salvador for some charge of "undermining investors/market manipulation" for... warning people about shady "founders" and get-rich-quick gurus?
Christophe
This is only going to get worse as the thieves in DC continue to weaken and dismantle all regulatory bodies to stop any meaningful enforcement of already very weak rules meant to protect consumers. It's disheartening when half the country cheered when they took out the CFPB which was there to protect us.
Scott
Great vid as always. Before publishing to YouTube, I'd recommend removing the blur on the text in shots like 9:14... It was really hard to read along with the blur. Also your fingers have some weird discoloration from the coloring process.
Andrea Di Cola
Former Synapse employee here; was hoping you would do a follow up on this coffee thank you!!!
Linda Tock
I was watching this morning but couldn't finish. Now it's not working.
Mike Gervasi
My safe always has the money I put in there.
Michael Robinson
Ye not working for me
Jonathan Ohlsson
Anyone else not able to watch the video? It's like the app isn't working...
Liv
Love the production on this one
NorwegianSuccubus
I followed for this 💪🏼 go get’em tiger!
Ashley Brendza
Wowza
Adri
Yet another Financial Scandal in the Free Country
Tally
Given my personal experience of going into the adult world during the banking crash of 08 and it's after affects. Well I just don't trust any online only bank.
hazard_fox
columbo coffee ☕ ↪️
James Linderman
Amazing work! Also loving the new set designs and the small details that make them come together. Keep it up guys.
Michelle
Great follow-up! I have $1.5k lost and $0 back, not much in the grand scheme but also not nothing
Melissa Smits
It's unbelievable how easy financial crime can be committed in the U.S. Thank you for all you do, I'm worried for you guys
Hamza H
Great investigation, not sure Evolve would have « found » that many without the pressure of your story being released soon. And btw, amaaaazing evolution of the edits, the scenes, the lights and even the props and clothing used. It felt like a real multi location show and not something filmed with a green screen. Bravo !
Justin Sleep
Great video. Bold of you to visit the Discord Diner so late at night, stay safe out there. I've used Mercury for years for my small business. It's slick, and their feature set is significantly better than non-fintech banking sites, but the way they just barely pulled away from this mess left a bad taste in my mouth at the time. They certainly made the correct choice when it came to ditching Synapse, at least...
alphacino
these new backdrops are insane
Louise Cross
Absolutely fantastic breakdown, even I understood it! Well done to you Coffee and the team.
enev
Great watch, amazing coverage! Also just because I'm a VFX nerd, really nice compositing! It's gotten so much better over the past few years.
Milien McDermott
Coffee I love this! I know these investigations are a lot of effort, but this is well done and poignant.
Mario Longtin
This is what happens when the president of your country is a financial criminal himself and has given a clean slate to all the Crypto and NFTs scammers from 2021. It's so corrupt, America is a joke.
HotBoxUzi
tysm, I needed something new from you to watch :D
Zilla
Yar