#evolvebank — Public Fediverse posts on home.social

⚯ Michel de Cryptadamus ⚯ @[email protected] · 2025-10-31 · 20:16 UTC

new CEO of the favourite #bank of both the #crypto industry as well as #GeorgeSantos was just arrested for child sex stuff and maybe even child slavery (“buying or selling of children” is allegedly among his charges).

Reminder that Evolve Bank & Trust was:

- george santos & andy ogles campaigns' bank
- #FTX debit card provider
- #synapse bankruptcy disaster banking partner
- hacked by #russia
- a venezuelan money laundry

and those are the confirmed offences. one assumes there are at least a few bodies that have not floated to the surface yet.

#uspol #evolvebank #evolvebankandtrust #AndyOgles #tnpol #tennessee #nypol #nyc #Venezuela #Grindr #uspolitics #CSAM #ChildAbuse #tnpol #a16z

#a16z #bank #crypto #georgesantos #ftx #synapse

⚯ Michel de Cryptadamus ⚯ @[email protected] · 2025-05-27 · 19:03 UTC

funny how the guy who is surrounded by queestions involving campaign finance fraud (and whose campaign banked at the same crypto friendly/recently hacked by russia bank as #GeorgeSantos) doesn't have a clear grasp of the laws of the united states...

https://campaignlegal.org/document/clc-alleges-andy-ogles-deliberately-filed-false-reports-conceal-fake-loan

#AndyOgles #EvolveBank

#georgesantos #andyogles #evolvebank

⚯ Michel de Cryptadamus ⚯ @[email protected] · 2025-04-09 · 18:56 UTC

oh look, another #fintech bankruptcy involving Evolve Bank & Trust.

some other fun places Evolve has popped up:

1. issuer of #FTX and #BlockFi debit cards (before those companies blew up and customers lost all their money)
2. #GeorgeSantos and #AndyOgles held their campaign money at Evolve
3. #Synapse bankruptcy which cost customers of a bunch of fintech "banks" like #Yotta most if not all of their money
4. Partnered with "anti-woke" fintech #GloriFi
5. Got hacked by Russia midway through Synapse bankruptcy proceedings
6. Anonymous crypto debit card issuer for #ZELF
7. Frequently found to be the bank used by #pigbutchering fraudsters
8. Sanctioned by federal reserve for #moneylaundering

The fact that Evolve has not been shut down is insane. Banking system cannot survive if these kinds of bad actors roam free like the wind.

* more on Evolve: https://fintechbusinessweekly.substack.com/p/evolves-problematic-partners-bankruptcies
* even more: https://fintechbusinessweekly.substack.com/p/evolve-hit-with-fed-enforcement-action

#EvolveBank #EvolveBankAndTrust #finreg #Banking #uspol #AML #BaaS #Russia #putin

#fintech #ftx #blockfi #moneylaundering #aml #baas

⚯ Michel de Cryptadamus ⚯ @[email protected] · 2024-12-10 · 01:29 UTC

more great reporting from Jason Mikula on the #a16z / #MarcAndreessen backed financial disaster known as Synapse, the middleman behind Yotta and others that lost track of (and maybe lost) most of their customers’ money.

Andreessen’s desire to eliminate the #CFPB for “terrorizing” #fintech companies like Synapse suggests a desire to keep backing companies that will strip mine the wallets of uneducated consumers.

Seen also: Evolve Bank & Trust (a bank popular with players like #FTX and #GeorgeSantos), #VoyagerDigital (a crypto company backed by #MarcCuban that incinerated user deposits in 2022), and #MetropolitanCommercialBank (#MCB), a NY institution beloved by the far right in Israel.

https://fintechbusinessweekly.substack.com/p/regulators-should-conduct-material

#EvolveBank #EvolvebankAndTrust #Yotta #Synapse #JasonMikula #FintechBusinessWeekly

#a16z #marcandreessen #cfpb #fintech #ftx #georgesantos

⚯ Michel de Cryptadamus ⚯ @[email protected] · 2024-11-25 · 01:54 UTC

@JessTheUnstill interesting fact: the #Synapse partner bank where all these issues are stemming from, Evolve Bank & Trust, has a bunch of fun properties:

1. Issuer of the #FTX debit card
2. Used by George Santos and Andy Ogles to store campaign funds
3. Banking partner of #PrimeTrust, the Nevada crypto custody company that collapsed in 2023
4. Banking partner of #BlockFi, one of the crypto "banks" that went down with the good ship FTX.
5. Recently hacked by Russians
6. Recently hit with a major fed enforcement action

Also Synapse was backed in a big way by Trump loving #a16z and Marc Andreessen.

Some more details:

https://fintechbusinessweekly.substack.com/p/evolve-hit-with-fed-enforcement-action

#marcandreessen #EvolveBank #EvolvebankAndTrust #crypto #cryptocurrency #Bitcoin #ethereum #BTC

#synapse #ftx #primetrust #blockfi #a16z #marcandreessen

⚯ Michel de Cryptadamus ⚯ @[email protected] · 2024-09-08 · 21:00 UTC

🤑 George Santos and Andy Ogles, two well known pillars of virtue, held their campaign's money at the same bank that issued the #FTX debit cards, partnered with organized crime connected #crypto disaster #PrimeTrust, and can't find tens of millions of dollars of #Yotta's customers' money... #EvolveBank

details at the always excellent Fintech Business Weekly here: https://fintechbusinessweekly.substack.com/p/why-did-political-campaigns-suddenly

oh, and also: #DanFriedberg, the lawyer for FTX, #Tether, and the #UltimateBet fraud, was one of Santos's biggest donors 🤔

#moneylaundering #uspol #uspolitics #election2024 #2024Election #AndyOgles #GeorgeSantos #corruption #Synapse #Yotta #EvolvebankAndTrust #cryptocurrency #SBF #Russia #China #fintech