๐ฅ California Man Sues 3 Asian Banks Over $1M Crypto Scam! ๐จ
๐ฅ Allegations Fly! Ken Liem claims Fubon Bank, Chong Hing Bank, and DBS Bank failed to block fraudsters who stole $1M in a pig butchering crypto scam. ๐ธ
โ๏ธ Legal Battle Begins!
- Liem says the banks ignored KYC and AML checks, allowing scammers to open accounts and funnel stolen funds. ๐ฆ๐ผ
- The lawsuit demands $3M in damages and highlights violations of the U.S. Bank Secrecy Act.
๐ฐ Crypto Fraud on the Rise! Could stricter compliance have stopped this? Experts weigh in as the legal case unfolds. ๐๐
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