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Citibank Faces Lawsuit Over Alleged $20M Crypto "Pig Butchering" Scam: A DeFi Analyst's Take

Citibank Faces Lawsuit Over Alleged $20M Crypto "Pig Butchering" Scam: A DeFi Analyst's Take

As a crypto analyst who's seen every scam in the book, Citibank's latest legal drama caught my attention. A plaintiff claims the banking giant failed to stop $2M in suspicious transfers tied to a NFT platform scam called "OpenrarityPro." I'll break down how these "pig butchering" scams work, why banks keep missing red flags, and what this case means for crypto regulation. Grab your coffee - this is Wall Street meets Web3 at its messiest.
Research Hub
crypto scams
bank regulation
•2025-8-7 10:8:57
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