A US Trustee needs nervous fintech Synapse to be liquidated thru Chapter 7 monetary catastrophe, cites 'putrid mismanagement' | TechCrunch – Techcrunch
The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to convert the company’s debt reorganization Chapter 11 bankruptcy into a liquidation Chapter 7, according to court documents. The trustee wrote that the need for