Unlock Your Synapse Funds Today
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Quick Cash Payouts
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Stress-Free Process
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No Upfront Costs
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Protection from Bank "Shortfalls"
Possible $95M+ Shortfall
Avoid the Risk of Bank Shortfalls — Get Your Cash Today
The Trustee still believes that there could could be a "$65-95 million estimated shortfall" as per August 14th Status Report (source)
Synapse Founder believes and provided a possible itemized $92,122,045.93 shortfall in customer funds.
This range has not changed since the trustee has been appointed.
FBO Shortfall Likely Not Insured by FDIC/SIPC
FINRA stated that the shortfall would not be covered under SIPC insurance in a letter to the court.
Trustee stated that FDIC insurance would only apply if the bank were to fail.
Banks state it will take months, with no guaranteed timeline
Partner banks state that it can still take months to reconcile the ledger but made no promises on timelines.
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Investigation can still take months
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No promises for any additional payouts
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Litigation can take years
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Multiple deadlines missed
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Estate has no means to pay
The Process
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Submit Your Claim in 5 Minutes or Less
Fill out a simple form and upload your account details—no paperwork, no hassle. -
Get a Fast, No-Obligation Quote
Receive a fair market cash offer for your Synapse or Evolve claim—100% risk-free. -
Get Paid—It’s That Simple
Once you accept, receive your payout quickly into your account. -
Rest Easy Knowing You’re Protected from Bank Delays
How It Works
We purchase the rights to your account and claims against the bank partners and Synapse. Our team and lawyers will attempt to recoup these funds.
This process can take years even in the best case scenarios. For example, FTX after over two years has not returned all the deposits to customers despite having the capital to do so.
By pooling claims it makes it economically viable to pursue other expensive and time-consuming options like litigation.
Frequently Asked Questions
How much will I get for my account/claims?
Due to the risks associated with a shortfall and timing you will be offered a customized quote based on your specific account. This quote will normally be a percentage of your net account balances.
What happens if there is shortfall and there is no money to payout?
This could be a likely scenario based on the reports. Payout Path takes on the risk if we are not able to collect on your claim.
If there is a shortfall will I need to return the money?
No. The payment for your claim remains yours regardless of the outcome.
Is this a loan?
No. This is not a loan and does not have to be paid back. Payout Path is purchasing your claim and you will not need to pay it back even if there is a shortfall.
Is there a minimum claim size?
Due to the paperwork, fees, and overhead involved with each claim we only accept claims over $250.
What are you purchasing
We are purchasing the rights to the money you had at any of the fintechs (including the banks, brokerages, sweep networks) and the rights to any legal claims or damages to recoup the money.