![Adam Moelis Profile](https://pbs.twimg.com/profile_images/1858940636826677248/FEd3V5AZ_x96.jpg)
Adam Moelis
@adammoelis
Followers
685
Following
571
Statuses
6K
Co-founder @winwithyotta 2014 NBA Undrafted Free Agent, rom-com connoisseur, gluten-full, brother of the greatest dog to have ever lived
Joined July 2008
@AlexH_Johnson If SVB had frozen funds across a big group of customers, it couldn't have technically failed. Not a precedent that should be set.
2
0
0
@mikulaja @winwithyotta We didn't freeze access to funds. All I've been doing is trying to help unfreeze. Criticize me all you want. But stop posting tweets about us that are false or misleading.
4
0
0
@DSchulzi @mikulaja @winwithyotta The parties that can help solve the problem are the banks and regulators. That's my focus. Spreading how FDIC over-stepped for SVB but not here would be helpful. Posting about our website saying in 2021 funds were held at Evolve, when they were, doesn't help.
6
0
2
@mikulaja @winwithyotta We moved to brokerage after consulting with lawyers. Synapse programs not on brokerage have their funds frozen right now. We will learn more about what caused this. In the meantime, I'm focusing my energy on doing everything I can to help customers get access to their funds.
5
0
1
@mikulaja @winwithyotta The screenshot you pulled is from 2021. We updated our website, T&C, and everything else we needed to.
3
0
0
@mikulaja @winwithyotta Fact is FDIC over-stepped its mandate in one day for uninsured deposits at SVB because deep pocketed companies were involved. Cards issued by member FDIC banks have been frozen for 3 weeks, denying customers access to their money. The FDIC has done nothing. This is the story.
3
0
4
@mikulaja @ycombinator @Base10Partners @winwithyotta Will update thanks. Are you going to correct your tweet?
1
0
0
@LionPride8123 @Buccaneers Dan Campbell - the guy who took a knee with 15 seconds on the play clock twice for no reason? Absolute moron as well.
1
0
0