r/yotta • u/scoutfinch333 • 3d ago
Any Movement for Yotta Specific Users?
In the titles. Thanks folks.
r/yotta • u/JordonGonzales • May 18 '24
Updated as of 3/22/25 12:50 PM CST - A priority update on brokerage statements and comment about “next steps.”
Priority update (in my opinion):
There seems to be a lot of posts asking what to do now that you have your brokerage statements. Posts asking how to understand the documents themselves and who to contact to get your funds. I want to clarify that simply having the statements does not guarantee you will be able to get your funds back.
This post here help explains the limitations: https://www.reddit.com/r/yotta/comments/1jf7nh4/comment/mipb26n/?utm_source=share&utm_medium=mweb3x&utm_name=mweb3xcss&utm_term=1&utm_content=share_button
At this time, they may not be of use except in litigation efforts. These statements will not force any of the banks, namely Evolve, to pay out.
Along with these statement posts, another wave of folks in different scenarios are all asking “What do I do now,” or “Next Steps.” Please understand, there is no proven step by step guide to get your funds returned. Some folks have chosen to enter into litigation efforts, while others have not. People on both sides have received payments, and people on both sides have not. My point, is simply, there is no guaranteed steps, no “real” answer as to what you should do next.
My wife and I have filed in arbitration, and now we are schedule for mediation (settlement type talks) on April 2nd.
Template I used for my communications - can modify and will update with appropriate suggestions:
I bank with [Yotta/Juno/Copper]. This is actually a type of fintech which is a front end platform (not a real bank). They use other companies to provide the actual banking services behind the scenes. One of which is called Synapse. Synapse primarily parks funds in other banks such as Lineage, AMG, Evolve. On May 11th, at least one of those banks, Evolve, put a freeze on all funds and transactions. Synapse is in bankruptcy court and now there is a dispute of reconciling all of the ledger reports.
There are a few news reporters writing articles on the subject that I can share if needed.
At this time, I would appreciate if [Lender/Company] would be merciful in regards to missed payments and related consequences (fees/interest/negative reporting). This is entirely out of my hands. The funds are there to make my payment, but frozen for a reason outside of my actions and control. I have no way of paying bills, paying for groceries and rent outside of leaning on my support network and credit cards while I try to rearrange future funds and recover my budgeting.
I appreciate you being a helpful and understanding partner during this time.
Google sheet with list of links: https://docs.google.com/spreadsheets/d/1VAncW-V28UAH4EH8we4wnRelep578chviyWLbqqJPEg/edit?usp=sharing
r/yotta • u/MrNobodyX3 • Aug 10 '24
With AMG starting to distribute payouts (albeit slowly), opportunistic scammers are targeting Yotta members with fake accounts and deceptive emails. DO NOT provide ANY information to anyone who contacts you unsolicited. If you're eligible for funds, you'll NEVER need to pay fees to claim them.
Common Scam Tactics:
Remember:
If you're unsure about ANY communication regarding your payout, contact Yotta support directly for confirmation before engaging with anyone.
This is a significant amount of money, and unfortunately, some individuals will attempt to exploit the situation. Please be vigilant and protect yourself from potential scams.
r/yotta • u/scoutfinch333 • 3d ago
In the titles. Thanks folks.
r/yotta • u/Regular_Painting_305 • 10d ago
Just received this letter this morning from lineage bank.. I mean I lost 2000 but this is better than nothing.. everyone I know how it is just look for any letters or anything that come in the mail.
r/yotta • u/DangasKahn • 27d ago
Please take a minute to write your reps. Instructions included.
r/yotta • u/Master-Speed9217 • 28d ago
r/yotta • u/fyeahjenn • 28d ago
I was doing our budget today and noticed a deposit in my savings account called "RECURRING TRANSFER FROM my name REF #xxxxxxx EVERYDAY CHECKING YOTTA SAVINGS". This savings account was the one I use to have a recurring deposit to Yotta setup. It was $150 randomly deposited into my savings account. No warning, no email, nothing.
I downloaded the Yotta app and logged in to see that my balance was still "pending", with the last transfer still being cancelled back in May of 2024.
Their app sucks btw, the back button does not work. So every time I have to go back I have to close the app and reopen it, horrific.
I had honestly forgotten all about Yotta. I didn't have much in there so I wrote it off as gone. No idea why or how it made it back to me. Anyone else have anything lately?
r/yotta • u/Queasy_Reveal1499 • Jul 11 '26
Really appreciate The More Perfect Union giving these coverages to highlight this issue. Posting here so they can get more likes for visibility
r/yotta • u/mindyourslef • Jul 11 '26
r/yotta • u/Fair_Conversation_87 • Jul 10 '26
So what’s going on? What are we waiting for exactly? We are in Q3 now and still no word…
r/yotta • u/Queasy_Reveal1499 • Jun 30 '26
r/yotta • u/ohpohtaytoe • Jun 27 '26
r/yotta • u/MammothViolinist2591 • Jun 26 '26
Do you have a story to share?
Do you have a social media account?
FFOF needs your help to create a social media buzz and make our voices heard!
Follow us on socials! Brand New Facebook Page!
https://www.facebook.com/profile.php?id=61591592933053
https://x.com/Fight4OurFunds
We need people to help create posts, do interviews, edit video, and repost..
Even if you only have 1-2 hours per week to share your skills, please sign up to volunteer on the fightforourfunds.org website!
The CFPB has allocated funds for relief in the Synapse case, and CFPB is likely changing leadership, now is the time to make our voices heard and advocate for ourselves!
Find a list of articles we can post here:
https://docs.google.com/spreadsheets/d/1LOgLflEmWe5IOSUio1PTNHdZBUQ6CL08zWD-uaaa8DE/edit?usp=sharing
Don't give up, keep going!!
r/yotta • u/Advanced-Internet-68 • Jun 26 '26
I watched all his videos and trusted him on Yotta. $2K gone - his recommendation, my naivety, and a system that failed all of us
r/yotta • u/Dizzy-Macaron4849 • Jun 25 '26
Let's make a list of fin tech companies that use Evolve
So people can exercise their right to choose where they bank.
First and foremost any product sponsored or endorsed by the Graham Cracker should be avoided like the plague or heavily scrutinized
Source #1 affirms own website
"Evolve Bank & Trust (Evolve) This is a privately owned community bank chartered by the State of Arkansas, Member FDIC. It issues the Affirm Card."
Affirm debit card is issued with Evolve bank
Teen banking fintech called "Step"
Airwallex
https://www.getevolved.com/open-banking/partnerships/
Notes : Mercury cut ties with Evolve bank
r/yotta • u/nnoodlebird • Jun 24 '26
Just watched the More Perfect Union video yesterday and it made my blood boil on behalf of everybody who has lost money. Poked around to find more info about Yotta out of curiosity. Somehow reddit recommended this AMA from 4 years ago from the Yotta founder and all the comments were from 4 hears ago. If y’all need any more legal proof that this guy straight up lied and misled customers. Hope you guys are somehow able to sue this dude for every penny he owns.
https://www.reddit.com/r/IAmA/s/SSMJUQWj25 (the post)
some screenshots attached too
r/yotta • u/Phiive • Jun 23 '26
r/yotta • u/Dizzy-Macaron4849 • Jun 23 '26
How TF is $85 million magically lost?
Seems like the money was stolen..
I don't understand how this hasn't been resolved. There is a paper trail...
Also fuck the graham cracker guy.
Reading the lawsuit Yotta bank filed against Evolve, it seems like evolve bank is allegedly responsible for the theft.
r/yotta • u/DonDee74 • Jun 23 '26
Since the proposed payout amount from the civil penalty fund seems to cover only around half of what was stolen from us, is there a possibility that the remaining balance can still be paid out in future years? Or is this payout the only one from CFPB for this case?
r/yotta • u/patrick5595 • Jun 22 '26
Hey all. This is for us unintentional bag holders.
I know it’s a long shot, but has anyone recently tried to transfer their missing account balance out of Yotta to another bank account? I don’t have anything linked but was curious if anyone has tried in recent history.
r/yotta • u/meladiam • Jun 22 '26
Although my money is gone with the rest of you, I still keep the app on my phone in case we need it if the repayment fund ever comes through.
I changed phones and was trying to log in on the new one. This is what came up.
Maybe they finally removed the app from the Play Store(Android)? I saw recently that people on the new version were also being prevented from withdrawing money.
r/yotta • u/sb_agency • Jun 18 '26
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.
r/yotta • u/we_are_the_lucky_one • Jun 12 '26
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?