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$270,000 Disappears From Business Owner’s Bank Account, Billion-Dollar Bank Refuses To Make Customer Whole: Report

The Daily Hodl
0,000 Disappears From Business Owner’s Bank Account, Billion-Dollar Bank Refuses To Make Customer Whole: Report
bank
0,000 Disappears From Business Owner’s Bank Account, Billion-Dollar Bank Refuses To Make Customer Whole: Report

A business owner in Southwest Florida is searching for answers after hundreds of thousands of dollars vanished from her bank account. Tiffany Allen says $270,000 was initially stolen from her family’s Truist Bank business account in five separate unauthorized transfers, reports the CBS-affiliated news station WINK. More than six months later, however, the bank has […]

The post $270,000 Disappears From Business Owner’s Bank Account, Billion-Dollar Bank Refuses To Make Customer Whole: Report appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Bank Abruptly Freezes $48,000 in Customer’s Account, Denying Access to Funds and Refusing to Verify Identity: Report

The Daily Hodl
Bank Abruptly Freezes ,000 in Customer’s Account, Denying Access to Funds and Refusing to Verify Identity: Report
bank
Bank Abruptly Freezes ,000 in Customer’s Account, Denying Access to Funds and Refusing to Verify Identity: Report

A Tennessean woman says her bank has abruptly frozen tens of thousands of dollars in her account – even after she took additional steps to prove her identity and verify the source of her funds. Torrie Jackson says she and her husband received more than $68,000 in back taxes from the IRS earlier this year, […]

The post Bank Abruptly Freezes $48,000 in Customer’s Account, Denying Access to Funds and Refusing to Verify Identity: Report appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Banking Glitch Turns Teen Into Overnight Millionaire After $10,900 Deposit Transforms Into $10,900,000

The Daily Hodl
Banking Glitch Turns Teen Into Overnight Millionaire After ,900 Deposit Transforms Into ,900,000
bank
Banking Glitch Turns Teen Into Overnight Millionaire After ,900 Deposit Transforms Into ,900,000

British bank Nationwide accidentally made one of its customers an overnight multimillionaire after abruptly adding about $10.9 million into his account. Dane Gillespie from Belfast, Ireland, says he cashed a birthday check worth about $10,900 into his Nationwide account – and was shocked to see a massive pile of cash enter his account. The bank, […]

The post Banking Glitch Turns Teen Into Overnight Millionaire After $10,900 Deposit Transforms Into $10,900,000 appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Bank Refuses To Reimburse $32,000 Stolen From Grandma With Terminal Illness in Text Message Scam: Report

The Daily Hodl
Bank Refuses To Reimburse ,000 Stolen From Grandma With Terminal Illness in Text Message Scam: Report
bank
Bank Refuses To Reimburse ,000 Stolen From Grandma With Terminal Illness in Text Message Scam: Report

A grandmother with a terminal illness says an Australia-based bank should have been able to stop a scam as it unfolded in real time. Lyn Reads says she’s a victim of a scammer who stole about $50,000 AUD – worth about $32,000 USD – from her bank account, reports the Australian Broadcasting Corporation. Reads initially received […]

The post Bank Refuses To Reimburse $32,000 Stolen From Grandma With Terminal Illness in Text Message Scam: Report appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Billion-Dollar Bank Says It May Freeze, Terminate Accounts Sending ‘Unacceptable’ Transactions – Here’s What It Means

The Daily Hodl
Billion-Dollar Bank Says It May Freeze, Terminate Accounts Sending ‘Unacceptable’ Transactions – Here’s What It Means
bank
Billion-Dollar Bank Says It May Freeze, Terminate Accounts Sending ‘Unacceptable’ Transactions – Here’s What It Means

One of the largest banks in Australia says it may freeze and terminate customer accounts that engage in certain types of “unacceptable account conduct.” National Australia Bank says a new policy launching in November is designed to protect people from harm by automatically flagging customer transactions that include a long list of banned words in […]

The post Billion-Dollar Bank Says It May Freeze, Terminate Accounts Sending ‘Unacceptable’ Transactions – Here’s What It Means appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

Wave of Accounts Are Being Frozen at a Popular US Bank, Triggering ‘Influx of Complaints’: Report

The Daily Hodl
Wave of Accounts Are Being Frozen at a Popular US Bank, Triggering ‘Influx of Complaints’: Report
bank
Wave of Accounts Are Being Frozen at a Popular US Bank, Triggering ‘Influx of Complaints’: Report

A wave of customer complaints about frozen accounts at a popular US bank has reportedly triggered a review from the Better Business Bureau. For the second week in a row, a group of customers at the Walmart and TurboTax-linked Green Dot Bank have said they are completely unable to access their funds, reports NBC News. […]

The post Wave of Accounts Are Being Frozen at a Popular US Bank, Triggering ‘Influx of Complaints’: Report appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

$48,810,000,000 in Deposits Exit US Banks in One Week As Money Market Funds Report Massive Inflows

The Daily Hodl
,810,000,000 in Deposits Exit US Banks in One Week As Money Market Funds Report Massive Inflows
Banking
,810,000,000 in Deposits Exit US Banks in One Week As Money Market Funds Report Massive Inflows

Billions of dollars are flowing out of the traditional banking system as money market funds witness a wave of inflows. According to fresh stats from the Federal Reserve Economic Data (FRED) system, $48.81 billion in deposits exited American bank accounts from August 10th through the 16th. In the last year, a the total amount of […]

The post $48,810,000,000 in Deposits Exit US Banks in One Week As Money Market Funds Report Massive Inflows appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

A US Bank Is Denying Access To Funds And Freezing Accounts, Leaving Customers in Dire Financial Straits: Report

The Daily Hodl
A US Bank Is Denying Access To Funds And Freezing Accounts, Leaving Customers in Dire Financial Straits: Report
Banking system
A US Bank Is Denying Access To Funds And Freezing Accounts, Leaving Customers in Dire Financial Straits: Report

Customers at a billion-dollar US bank say they have been unable to access their funds for days and weeks at a time. Green Dot Bank, which offers banking and debit card services to people who shop at Walmart, is accused of giving the runaround to a group of customers who are essentially locked out of […]

The post A US Bank Is Denying Access To Funds And Freezing Accounts, Leaving Customers in Dire Financial Straits: Report appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

US Banks Suffer $18,900,000,000 in Losses As JPMorgan Chase and Capital One Take Big Hits From Bad Loans: Report

The Daily Hodl
US Banks Suffer ,900,000,000 in Losses As JPMorgan Chase and Capital One Take Big Hits From Bad Loans: Report
Banking
US Banks Suffer ,900,000,000 in Losses As JPMorgan Chase and Capital One Take Big Hits From Bad Loans: Report

America’s biggest banks are taking hits to their bottom line as soaring interest rates cause billions of dollars in loans to fall apart. JPMorgan Chase, Capital One and others lost a combined $18.9 billion in the second quarter of this year due to soured loans, reports the Financial Times. The banks are facing “charge-offs,” or […]

The post US Banks Suffer $18,900,000,000 in Losses As JPMorgan Chase and Capital One Take Big Hits From Bad Loans: Report appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

US Banks Facing ‘Significant Risk’ of Deposit Flight As Profit Margins Narrow, Warns Top Ratings Agency

The Daily Hodl
US Banks Facing ‘Significant Risk’ of Deposit Flight As Profit Margins Narrow, Warns Top Ratings Agency
Banking system
US Banks Facing ‘Significant Risk’ of Deposit Flight As Profit Margins Narrow, Warns Top Ratings Agency

The credit ratings agency Moody’s just issued a fresh warning on the US banking system. In new research note, Moody’s says it’s cutting the ratings of 10 regional banks, and is considering whether to downgrade a number of big lenders including Bank of New York Mellon, US Bancorp, State Street, Truist Financial, Cullen/Frost Bankers and […]

The post US Banks Facing ‘Significant Risk’ of Deposit Flight As Profit Margins Narrow, Warns Top Ratings Agency appeared first on The Daily Hodl.

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SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

SEC Charges Jump Crypto Subsidiary for Role in Terra’s Stablecoin Collapse

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