millions
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Regulation
JPMorgan Chase, Bank of America and Wells Fargo Under Federal Investigation Over Hundreds of Millions of Dollars in Scams and Fraud on Instant Payments Platform Zelle
JPMorgan Chase, Bank of America, Wells Fargo and other unnamed large banks are reportedly facing a federal investigation over scams…
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Regulation
JPMorgan Chase, Wells Fargo and Bank of America Playing ‘Heads I Win, Tails You Lose’ With Customers As Hundreds of Millions of Dollars Disappears on Zelle: US Senator Richard Blumenthal
A group of banking giants led by JPMorgan Chase, Wells Fargo and Bank of America are playing a dangerous game…
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Regulation
US Banking Giant Accused of Refusing To Reimburse Customers, Denying Millions of Dollars in Fraud Claims ‘Without Any Explanation Whatsoever’
A new class-action lawsuit accuses one of the largest banks in the US of failing to properly investigate and handle…
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XRP
Ripple And Archax Deepen Partnership To Tokenize RWAs Worth Millions On XRPL
Ripple, known for its enterprise blockchain solutions, and Archax, the UK’s first Financial Conduct Authority (FCA) regulated digital asset exchange,…
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Scams
Cartier Heir Charged by DOJ for Allegedly Laundering ‘Hundreds of Millions’ Partially via USDT Transfers
Prosecutors are charging three Colombian nationals and a purported direct descendant of the Cartier watch and jewelry-making family for allegedly…
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Blockchain
Blockchain platforms Peaq, Midas, BOB secure millions for expansion
Three blockchain specialists scored venture capital this week — a bullish indicator that, perhaps, investors are once again warming up…
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Bitcoin
Bitcoin wipes out millions as it pulls back after hitting $64K
Both short and long positions fell victim as BTC swung up and down. The Liquidation Heatmap showed that Bitcoin might…
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Scams
Crypto Exchange CEO Sentenced to Seven Years in Prison for Swindling Millions From Customers: Report
South Korean authorities have reportedly convicted two top executives of the crypto exchange Bitsonic. According to local news agency Newsis,…
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Scams
US Banking Giant Owes Millions of Dollars to Customers After Failing to Protect and Reimburse Victims of Fraud for Years: New York Attorney General
New York is suing one of America’s biggest banks for allegedly implementing weak security measures, deceiving customers about their rights…
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Scams
Fraudulent ‘Jet Frog’ Withdrawals Hit Bank Accounts As Millions Warned To Watch for Unusual Activity
Several major banks are confirming the spread of a new banking scam that utilizes the unusual name “Jet Frog”. News.com.au…
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