Yotta Savings App Collapse Leaves Customers Unable to Access Funds

Thousands of users who deposited money into the Yotta savings app lost access to their accounts after the platform collapsed. The app, which claimed FDIC insurance and a no-loss lottery model, left customers like Chad Fenner unable to withdraw funds even years later.

By Godwin Oluponmile Sat, June 27, 2026 at 1:15 PM GMT+3 7 min read · Yahoo Finance ·

Yotta Savings App Collapse Leaves Customers Unable to Access Funds

Topics: customer funds loss FDIC insurance savings apps

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