Billion-Dollar Bank Accused of Executing $25,000,000 in Unauthorized Transactions, Quietly Draining Customers’ Accounts

A billion-dollar US bank is being sued for allegedly mishandling customer funds and worsening a crisis that locked 85,000 customers out of their savings. Yotta Technologies is accusing Evolve Bank & Trust of fraud, conspiracy, and negligence. Yotta offered a high-yield savings product, depositing customer money with Evolve for safekeeping source: https://dailyhodl.com/2025/03/29/billion-dollar-bank-accused-of-executing-25000000-in-unauthorized-transactions-quietly-draining-customers-accounts/