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Yotta Technologies
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Yotta Technologies is an American financial technology (fintech) company that offers sweepstakes games, and that formerly offered a prize-linked savings account. On May 11, 2024, due to the failure of Synapse, a fintech company on which Yotta depended, Yotta's customers lost access to the money held in their accounts. Because Yotta is not a bank, Yotta's customers were not entitled to deposit insurance. As of November 2024, depositors have been offered only some of the money they had provided to Yotta.
