Binance: JPMorgan Chase is sued for allegedly allowing a $328M crypto Ponzi scheme to operate by ignoring red flags while its accounts handled fraudulent transactions defrauding over 2,000 investors

Victims of an alleged $328 million cryptocurrency Ponzi scheme have filed a class-action lawsuit against JPMorgan Chase & Co, accusing the bank of ignoring repeated red flags and compliance warnings while its accounts were used to process hundreds of millions of...