‘Pig Butchering’ Victim Sues Asian Banks for $1 Million Crypto Fraud

After falling victim to a nearly $1 million crypto scam, a California resident is suing three Asia-based banks, accusing them of neglecting basic checks that could have prevented the fraud. The plaintiff, Ken Liem, filed the lawsuit on December 31, 2024, in a California court. $1 Million Crypto Fraud Sparks Lawsuit The attorneys said that Liem was duped in a “pig butchering” scam. In June... source: https://beincrypto.com/california-resident-sues-asian-banks-crypto-scam/