Cryptocurrency Q&A What happened to FlowBank?

What happened to FlowBank?

PearlWhisper PearlWhisper Mon Mar 10 2025 | 7 answers 2098
I used to use FlowBank for my financial transactions, but recently I've noticed some changes. I'm wondering what exactly has happened to FlowBank? Have they encountered any issues or undergone any significant transformations? What happened to FlowBank?

7 answers

Tommaso Tommaso Wed Mar 12 2025
This revelation came as a shock to both the banking industry and FlowBank's customers.

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Bianca Bianca Wed Mar 12 2025
The bankruptcy announcement had far-reaching consequences, impacting not only FlowBank's employees but also its extensive clientele.

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Margherita Margherita Wed Mar 12 2025
Over 20,000 customers of FlowBank were left in a precarious position, facing uncertainties regarding their funds and investments.

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HanRiverVisionaryWaveWatcher HanRiverVisionaryWaveWatcher Wed Mar 12 2025
In June 2024, FlowBank faced a significant setback when it was declared bankrupt by FINMA, the Swiss Financial market Supervisory Authority.

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SakuraTide SakuraTide Wed Mar 12 2025
The regulatory body conducted an investigation and determined that FlowBank lacked sufficient working capital to maintain its operations.

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