Back to News
๐Ÿ“ฐ News12 March 2026ยท2 min readยท

Ponzi Scheme Victims Sue JPMorgan for Banking $328M Goliath Ventures Fraud

Source: coindesk
Ponzi Scheme Victims Sue JPMorgan for Banking $328M Goliath Ventures Fraud
A proposed class action lawsuit has been filed against JPMorgan Chase, alleging the bank provided 'essential banking infrastructure' for Goliath Ventures' alleged $328 million Ponzi scheme. Plaintiffs claim that red flags were present that should have made the fraudulent scheme 'obvious' to the bank. The case raises broader questions about financial institutions' due diligence obligations when onboarding high-risk clients.
Read full article at coindesk โ†’
๐Ÿ’ฌ
Join the Discussion
Discuss in the News thread
๐Ÿ’ฌ zimx_crypto Discussion
Discussing: Ponzi Scheme Victims Sue JPMorgan for Banking $328...
0/1000
โ† Back to News