A man in the U.S. sues a bank, accusing it of failing to stop a $20 million Pig-butchering scam.

[Bitu] According to reports, a man in the United States has sued a bank, claiming it did not prevent a $20 million capital flight Pig-butchering scam. The plaintiff stated that he met a fraudulent identity scammer through social media and was defrauded of funds after investing in an NFT platform. The bank is accused of processing 12 suspicious transfers totaling approximately $4 million without identifying risk signals. The lawsuit claims the bank was severely negligent in monitoring and reviewing. The case has now been filed in the federal court in Manhattan, New York.