Crypto Romance Scam Horror: Victim Drags Citibank to Court Over $20M Heist

Another day, another crypto scandal—but this one’s got bankers sweating. A heartbroken investor just filed suit against Citibank after losing $20 million in a classic romance scam. Who needs Tinder swindlers when your bank allegedly lets fraudsters waltz away with generational wealth?

The $20M Love Bomb That Backfired

Details are murky, but the victim claims Citibank failed to flag suspicious transfers—despite the eye-watering sums. The lawsuit alleges the bank’s safeguards were about as effective as a screen door on a submarine.

Banks vs. Crypto: The Hypocrisy Olympics

Funny how traditional finance rails against crypto’s ‘wild west’ rep while their own vaults leak like sieves. Maybe they’re too busy lobbying regulators to actually regulate.

The case could set a precedent—if banks can’t stop scams, why should they control the financial rails? Decentralization never looked so appealing.