JPMorgan Sued for Allegedly Enabling $328M Crypto Ponzi Scheme

JPMorgan Chase faces a class action lawsuit accusing it of facilitating a $328 million cryptocurrency Ponzi scheme run by Goliath Ventures. Plaintiffs claim the bank ignored suspicious transactions and allowed illicit fund movements within the scheme. This legal action could impact JPMorgan's compliance practices and lead to scrutiny of banking oversight in crypto-related fraud cases.