Billion-Dollar Bank Accused of Executing $25,000,000 in Unauthorized Transactions, Quietly Draining Customers’ Accounts – The Daily Hodl
A billion-dollar US bank is being sued for allegedly mishandling customer funds and worsening a crisis that locked 85,000 customers out of their savings. Yotta Technologies is accusing Evolve Bank & Trust of fraud, conspiracy, and negligence. Yotta offered a high-yield savings product, depositing customer money with Evolve for safekeeping. But in May 2024, after…