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Alleged Crypto Romance Scam Victim Sues Two More Banks Over $17M Transfers

2025-07-04 11:17:34

Alleged Crypto Romance Scam Victim Sues Two More Banks Over $17M Transfers

Main Idea

The content appears to be a promotional message for the meme token Floppapepe ($FPPE), encouraging potential buyers to invest before it's too late.

Key Points

1. Floppapepe ($FPPE) is described as an AI meme token.

2. The message encourages users to invest in $FPPE to 'reach for lunar gains'.

3. There is a sense of urgency with the phrase 'before it's too late'.

Description

Michael Zidell, who recently sued Citibank for allegedly ignoring fraud warnings tied to a crypto romance scam, has now filed lawsuits against East West Bank and Cathay Bank, claiming the institutions failed to block suspicious transactions that drained millions from his accounts. Filed in a California federal court on Tuesday, Zidell’s latest lawsuits accuse the banks of “turning a blind eye to their statutory duties.” Zidell alleges he sent 18 transfers totaling nearly $7 million to scammers’ ...

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