The proposed class action suit said Chase provided “the essential banking infrastructure” for Goliath Ventures’ alleged fraud, despite red flags it claims made the scheme “obvious.”
Alleged Ponzi scheme victims sue JPMorgan for banking supposed $328 million scam
The proposed class action suit said Chase provided “the essential banking infrastructure” for Goliath Ventures’ alleged fraud, despite red flags it claims made the scheme “obvious.”
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From bank-led stablecoins to tokenized T-bills and AI-powered wallets, digital assets will move from pilot projects to financial plumbing this year.
A similar mining scheme occurred in the region in 2022.
The shift comes as stablecoins surge in popularity and competitors like Stripe and PayPal add stablecoin options, increasing market pressure.
Avara, the parent company of Aave, is allowing users of its Family Wallet to onboard with email or SMS, rather than messing around with seed phrases.