Santander Bank is not responsible for customer's $750,000 crypto loss, court dismisses customer lawsuit

PANews reported on April 20 that according to News.Bitcoin, the Massachusetts Court of Appeals recently announced that it would uphold its previous ruling, confirming that Santander Bank does not need to bear legal responsibility for the $750,000 in crypto assets lost by its customer Lourenco Garcia due to mistakenly investing in the fake platform Coinegg. The court pointed out that all transactions were authorized by the customer and the bank had no obligation to forcibly prevent them.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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