Online banking isn’t as safe as you think. Silicon Valley-funded neobanks like PayPal, Venmo and Wealthfront offer lower fees and higher interest rates than big banks – and claim the same protections. But thanks to Peter Thiel, Elon Musk, and other tech oligarchs, they operate in a legal gray area that makes your money less safe. Producer: saninamillion Editor: kungaaaaaaaa Supervising Producer: Court Fuller

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