A resident of the United States Michael Zidell, who suffered from the Romantic Cryptosm, sued East West Bank and Cathay Bank banks, accusing them of negligence and complicity of cryptocurrency fraud.

According to the plaintiff’s complaint filed in the California Federal Court, Zaydell made 18 transfers totaling about $ 7 million to the expected scammers through East West Bank and 13 transfers worth more than $ 9.7 million through Cathey Bank. The man reproached the banks for not blocking these transactions to prevent fraud without fulfilling the duties established by law. Recently, Zaidell sued Citibank, bringing him similar charges. The man claims that through this bank he transferred $ 4 million to fraudsters for 12 transactions.

In lawsuits against banks it is indicated that at the beginning of 2023, a certain Karolin Parker, the alleged owner of a business, contacted the victim through Facebook, and they had a romantic relationship. After a month of communication, Parker told Zaydell that she managed to earn millions on investments in non -substantive tokens (NFT). The woman invited him to try the same, inviting him to a trading platform. Zaidell agreed, and in a few months he made 43 transfers in the amount of $ 20 million. The funds were transferred to various bank accounts-as stated on the platform, she had to process money in several banks due to a large volume of client deposits. However, in April 2023, the crypto platform suddenly “evaporated”, along with the investor millions invested.

“Banks-consultants provided financial assistance to Parker and its accomplices, opening them accounts, where bank transfers received. These accounts were used to make fraud with NFT. Banks were supposed to monitor suspicious transactions, but they were not alerted by the transfer of large sums, ”the lawsuit indicated.

Zaydell also intends to attract East West Bank and Cathay Bank accountable for aiding in cruelty to older people. The plaintiff did not mention his age, but according to the laws of California, a person is considered an elderly at the age of 65. The man demanded that banks reimburse his financial losses and legal costs.

Earlier, a resident of California Ken Liem accused the Asian banks Fubon Bank, the Chong Hing Bank and DBS Bank of the absence of checks that could block his transfers to $ 1 million crypto men.