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Just aren't. Aren't funds. Aren't there. Aren't accounted for.
Since Synapse was a middle-man between banks and other startups that needed financial services, its failure means that customers - both companies contracting Synapse and their customers in turn - currently have no access to funds even though the banks are solvent and the accounts are FDIC insured.
But the fact that a third of the money simply seems to be gone makes things even more complicated.