THE UGLY IRONY OF THE FIAT…

THE UGLY IRONY OF THE FIAT STANDARD:
$89 MILLION IN FINES FOR GOLDMAN & APPLE—
🔴 BUT THE DAMAGED CUSTOMERS GET NOTHING.

#GoldmanSachs and #Apple were hit with $89 million in fines and restitution for mishandling customer disputes related to the Apple Card. Here's what the CFPB uncovered:

🚩 Interest-Free Lies: Customers lured by “interest-free” payment promises for Apple devices were misled. Many found themselves charged interest due to misleading claims and inconsistencies on Apple's own website, particularly for non-Safari users.
🚩Mishandled Disputes: The CFPB revealed systemic failures by Goldman Sachs to properly investigate customer complaints, causing delayed refunds and incorrect credit reports for many Apple Card users.
🚩Goldman's Slap on the Wrist: They’re barred from new credit card launches without compliance guarantees—a toothless restriction in light of the millions already impacted.

The punchline? The fines go to the government, while consumers who suffered receive no direct compensation. It’s the ugly truth of the fiat-fintech nexus—where the real costs are paid by users while Wall Street and Big Tech skate by.

#GoldmanAppleCard #FiatFraud #ConsumerProtection #Bitcoin #BitcoinFixesThis