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by: xpoolPosted on: April 19, 2025

Santander Defeats Lawsuit From Customer Seeking $751K Crypto Scam Reversal

A Massachusetts appellate court has dismissed a lawsuit against Santander Bank, ruling that the bank is not obligated to intervene in customer transactions even if they exhibit signs of fraud. Lourenco Garcia had sought to hold the bank responsible for a $751,000 loss he incurred through a crypto scam he personally authorized. ]

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