Mercury's Controversial Move
Mercury's sudden decision to halt services for startups in Ukraine and Nigeria has sparked significant backlash, raising questions about the banking system's treatment of Ukrainian founders. Despite claims of ongoing support for Ukrainian passport holders in the U.S., the company's compliance challenges with U.S. sanctions have led to a confusing policy shift. Founders express concern that this move reflects a broader issue in how banks perceive and manage risks associated with Ukraine.In this clip
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