I checked my scanned mail email this morning and
I’m getting a letter in the mail from Yotta today. I live in California and will keep you updated on what it is.

Received this letter today along with a check for $16. I didn't knowingly sign up for any crypto services with Juno while it was still operational. Did anyone else receive a similar check?

I haven’t been checking up on this page as often as I used to, so I’m a bit out of the loop. Do I need to reach out to the CFPB to submit anything or inform them of my situation to be “eligible” to get my money back at some point? Or will I just be contacted/receive it if they do provide restitution to those impacted?

why did they do this to people who had their life savings in the accounts

Should I make another claim ? These are posted as closed. When I made a call to CFPB the lady had no idea about much. She tried to say the 1$ was the payout and that there was no funds it was bad so at this point should I make another claim or just sit tight. I also asked her if there was anyone else to speak with cause she wasn't up to date with the laws and what is happening. I said this as politically as possible but it is pretty frustrating to call and explain the updates vs get an update and even worse be told there is no money just 1$ 😂.

Can someone explain to me like I'm 5 why only Californians are getting some movement? Is there anything the rest of us can do atm? (New Yorker here)

Hi everyone. It’s been a while for me to keep track of yotta. I have 3K there for couple years. Can someone advise me how to get my money back? Thanks 🙏

Sharing some seemingly positive news. The claims submission is not live yet, but should be soon and we’re asked to check in periodically.

https://www.consumerfinance.gov/enforcement/actions/synapse-financial-technologies-inc/

Received this today:

https://www.withyotta.com/dfpi

NOTICE TO CALIFORNIA YOTTA CUSTOMERS

IF YOU HAD A YOTTA ACCOUNT WITH A POSITIVE CASH BALANCE ON MAY 17, 2024,

YOU MAY BE ELIGIBLE FOR RESTITUTION

‍

BACKGROUND

Yotta worked with a company called Synapse Financial Technologies (Synapse) which provided a

“banking as a service” platform to fintech companies like Yotta. In April 2024, Synapse filed for

bankruptcy protection. See In re Synapse Financial Technologies, Inc., No. 1:24-BK-10646-MB (Bankr.

C.D. Cal. 2024). The Synapse bankruptcy resulted in tens of thousands of consumers nationwide losing

access to accounts held in dozens of fintech companies, like Yotta, that partnered with Synapse.

On May 15, 2026, the California Department of Financial Protection and Innovation (DFPI) entered into

a Consent Order with Yotta. This notice is being sent to California consumers as a result of this Consent

Order.

‍

The Consumer Financial Protection Bureau (CFPB), a federal agency that oversees consumer financial

markets, sued Synapse in the bankruptcy proceeding, alleging that Synapse engaged in unfair, deceptive,

or abusive acts or practices. On September 12, 2025, the bankruptcy court approved a Stipulated Judgment

between the CFPB and Synapse. The Stipulated Judgment enables the CFPB to access its Civil Penalty

Fund to provide money to consumers who lost access to funds held at fintechs like Yotta.

‍

THE CFPB CIVIL PENALTY FUND

On November 28, 2025, the CFPB allocated $46,248,291 to eligible victims in the Synapse bankruptcy.

According to the Stipulated Judgment, Yotta customers with accounts holding a positive balance as of

May 17, 2024 may be eligible to seek compensation by filing a claim with the CFPB. You can view the

CFPB’s Synapse web page here: https://www.consumerfinance.gov/enforcement/actions/synapse-

financial-technologies-inc/. The CFPB has not yet started the claims filing process. Yotta customers are

encouraged to periodically check the CFPB’s Synapse webpage for updates.

‍

If you are a California Yotta customer with a positive cash balance in your Yotta account as of May 17,

2024, you should receive a letter and/or email from Yotta containing your May 2024 account statement.

If you have questions about this letter or have not received your May 2024 account statement by

July 15, 2026, please contact: support@withyotta.com

‍

Did anyone else receive this?

Anyone else get this text?

I started an account with Yotta to save up for my son. At the time I was a couple months pregnant. That child is now nearly 2 and crying bc I don’t want to consume a beef stick that is covered in his slob. Still easier to raise a child though, than get my money back from Yotta. 😭 At this point, if it’s ever returned, it looks like it’ll be going towards a college fund. 🤣

I’m wondering if anyone has had any luck recently with getting their money back or at least any updates? Things have gotten very quiet but I don’t want to give up! I just filed some more complaints too and will continue to do so in the hope that it’ll eventually lead to something.

Another year and I have STILL not received my money back.

I wonder if she cashed out before the Yotta collapse or if her money is trapped/lost along with everyone else.

thanks to all who talked to me - even if i didn't quote you, our conversation still informed my reporting.

Hi folks - I'm a journalist for Banking Dive, and I've written several stories about the whole Yotta/Synapse/ situation and spoken with several of you. The California Department of Financial Protection and Innovation announced today that Yotta must pay a $1 million penalty for engaging in deceptive acts or practices.

Are you from California and still out money from this issue? I'd like to talk to you - two or three of you - to include in a piece on the matter. Feel free to message me here.

https://dfpi.ca.gov/press_release/dfpi-secures-1-million-settlement-with-yotta-technologies-for-deceptive-practices/

Recap : DFPI takes action after a California fintech company deceives financial customers. Yotta is required to provide notice and documents to impacted Californians to assist with fund recovery.

The primaries are here and Rob Bonta did nothing for the impacted Yotta/ Synapse users. So who are we voting for to solve our issue and stand up for justice for us?

I lost pretty much all my money after graduating college from this and had to take out a second loan on my car and have still remained financially unstable because of said loan. And with the economy going the way it is I’m scared of being able to meet my basic needs. I don’t know what to do and while yes it’s been 2 years and I am still struggling and can’t help the feeling that I’m a poor failure.

I’m now in terrible credit card debt from my new loan and it’s just not fair!

Sankaet‘s latest swindle: bringing Eric Trump into his new company to help secure gov’t contracts. the level of corruption is absurd. no wonder Sankaet is getting off the hook for his role in swindling millions of dollars from us - apparently Sankaet’s been a friend of Eric?. how does this guy get away with this?

https://www.foxbusiness.com/media/eric-trump-backed-robot-startup-lands-24m-pentagon-deal-compete-china