Cryptocurrencies have revolutionized the way we view and conduct financial transactions. While their potential for innovation and efficiency is significant, the industry does not come without its drawbacks. The dark side of crypto, particularly regarding fraud and money laundering, poses serious challenges and risks for both users and regulatory bodies. In 2023, illicit transactions involving […]
TikTok 'Money Glitch' Sparks Legal Action Against JP Morgan
In a surprising turn of events, customers have exploited a TikTok trend known as the ‘infinite money glitch,’ leading JP Morgan Chase to initiate lawsuits targeting individuals and businesses accused of defrauding the bank. The trend involved depositing counterfeit cheques in a loophole that allowed users to withdraw funds before the cheques were deemed invalid, […]