Banks Ignored NFT Scam That ‘Screamed Fraud,’ Court Told

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By Sydney Price ( October 14, 2025, 9:57 PM EDT) — A Texas investor urged a California federal court not to toss his lawsuit accusing East West Bank and Cathay Bank of ignoring red flags from scammers and enabling a $17 million romance scam, saying that he provided enough evidence showing that the banks disregarded obvious signs of fraud….

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